POG The Gold Standard is a unique digital asset built currently traded on the Solana blockchain. This NFT Collection was first minted in 2024. Each NFT (Non-Fungible Token) represents ownership of a ...
Supply and demand form the basis of price – or at least, that’s what we’re taught first in economics. Soon after, we’re told that markets are near-perfect pricing mechanisms, so prices are generally ...
The U.S. was on a bi-metal or gold standard up until the "Nixon Shock" of 1971. What would the value of gold per ounce need to be today to backstop the amount of U.S. currency currently in circulation ...
IN THE AFTERMATH of the first world war, the gold standard inspired nearly religious fervour from central bankers. European officials dutifully re-pegged their war-battered currencies to gold at great ...
Since the 1930s, the U.S. dollar has lost 99% of its value against gold. Other reserve currencies such as the British pound and Japanese yen have done even worse. In my view, the gold price will ...
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