A brief history of the gold standard

The gold standard was a monetary system under which almost all countries fixed the value of their currencies according to a certain amount of gold. But why was it abolished? And will it come back? 11Onze agent, Aitor Canudas, gives us a summary.

 

In a scenario where the continued printing of money has led to too much of it circulating, which has devalued its value and caused a bubble in the sovereign debt of states, we take a brief look at the history of the gold standard and its possible viability at the present time.

As Aitor Canudas explains, there are several reasons why President Nixon put an end to the gold standard. Experts in geopolitics have divergent opinions when it comes to identifying the causes behind this paradigm shift or, even the possibility of returning to this monetary system.

If you want to discover the best option to protect your savings, enter Preciosos 11Onze. We will help you buy at the best price the safe-haven asset par excellence: physical gold.

If you liked this article, we recommend you read:

11Onze

“Gold is a protection”

4 min read

In times of rampant inflation we have to look for ways to protect our savings.

Savings

Gold, a safe-haven asset when facing a crisis

4 min read

With inflation continuing to rise, gold’s resilience throughout

Savings

Precious metals

3 min read

Financial investments always involve risks, but if we want to make our savings profitable



Equip Editorial Equip Editorial
  1. Jordi MorenoJordi Moreno says:
    Jordi

    Hem decante per l’or físic. Gràcies!

  2. Jordi MorenoJordi Moreno says:
    Jordi

    Bona classe d’història de l’or!

  3. Santiago VázquezSantiago Vázquez says:
    Santiago

    Molt interessant 🤔🤔🤔

  4. Pere SorianoPere Soriano says:
    Pere

    Gràcies Aitor.

    • Mònica Cornudella says:

      Gràcies a tu per seguir-nos, Pere! Ens veiem a La Plaça.

      7 months ago
  5. Daniela SimónDaniela Simón says:
  6. Josep RuaixJosep Ruaix says:
  7. alicia Coiduras Charlesalicia Coiduras Charles says:
    alicia

    Gràcies Aitor savent això raó de més per invertir els estalvis qui els te i pot amb or

    • Jordi CollJordi Coll says:
      Jordi

      Doncs sí, Alícia, és una bona inversió. Moltes gràcies pel teu comentari!!!

      3 months ago
  8. Manuel Bullich BuenoManuel Bullich Bueno says:
  9. Joan Santacruz CarlúsJoan Santacruz Carlús says:

Leave a Reply

App Store Google Play