Friday, January 20, 2012

The World's Major Currencies Vs. Gold 2000 - 2012

The US Dollar, Canadian Dollar, Euro, UK Pound, and Yen (the big 5) priced in gold since 2000.  This is how a global fiat (paper backed by nothing) money devaluation works.  Slow and steady as each ship sinks into the sea.  When they all move down together it is much more difficult to observe it happening around you.

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