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Nixon Suspends Convertibility Of Dollars Into Gold 1971

August 1971, at this moment in history a series of economic measures was taken by United States President Richard Nixon including unilaterally canceling the direct convertibility of the United States dollar to gold. This was later named the Nixon Shock.
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Koos Jansen
Koos Jansen is a Precious Metals Analyst from the Netherlands. Koos mainly provides unique insights about the Chinese gold market.
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