Topic: EU's new decision (Read 71 times)
The gold is one of the assets in all over the country in the world.Even the government started to have some resources on the gold.So the need of the gold was increased huge. After the U.S pump in the gold price, the gold price all over the world increased.Like wise the fiat value equal to currency was made by Europe.The value of European fiat was at the top to rest of the nation in the European Nation. Now the value gonna adjusted by European Nation.
Between 1933 and 1974, the average yearly gold price in the United States increased by 484.8 percent, from $26.33 to $154 per ounce. The EU's proposed prohibition is a signal that depreciation of fiat currencies is projected to intensify in the next decades.
What do you anticipate occurring in the near and long term?
What do you anticipate occurring in the near and long term?
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