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The Day America's Gold Was Stolen by Its Own President
Before President Nixon, the gold in the US vaults belonged to us - the holders of dollar bills. After Nixon, we don't know who really owns the American gold. It was stolen from us.
Dive into the pivotal moment when President Nixon declared the end of the gold standard in 1971, forever altering the global financial landscape. This decision had a major impact on monetary policy and the dollar. Explore the financial history and what happened in 1971.
On August 15, 1971, President Nixon delivered a speech that would forever change the world of finance. This decision marked the end of gold standard and the beginning of a new economic policy. Explore the impact of Nixon 1971 and its lasting effects on the dollar.