History of gold stocks and understand the risks and rewards of gold investment

(Gold Stocks) Gold has been used as currency longer than nearly any other substance. While not every culture has deemed gold to be the ideal currency, many of them have, resulting in the establishment of the gold standard as the de facto world currency beginning in the 19th century. While that has changed in more recent times, many people believe that gold should once again be used as currency. [1] Most of the major economies in the world cut their currency ties to the gold standard during the Great Depression. The United States partially cut the cord under Franklin Roosevelt and completely abandoned the gold standard during Richard Nixon's presidency. Nearly all modern currencies are fiat money—that is, their value is guaranteed by the issuing government. Many of the critics of the gold standard said the same of gold like and subscribe my channel ------------------------------------ https://www.youtube.com/channel/UCS4V7Tt_690juZomxrJ3AAQ ---------------------------------------------------- http://current-n.blogspot.ae/