goldsilverworlds.com / By Gold Silver Worlds / January 2, 2013
An excellent overview was published by GoldSilver.com showing the 2012 performance of almost all currencies in the world against gold. In the article Race to Debase 2012 – Fiat Currencies vs Gold & Silver, 164 fiat currencies were analyzed against the precious metals. Big surprise, 94% of all fiat currencies lost purchasing power to gold. The rare currencies that did not lose value compared to gold, did so with a minor percentage difference. By contrast, the average loss (“median” to be correct) of purchasing power to gold was 7.0%. The overview is worth reviewing and realizing what is happening worldwide with currencies. Indeed, they are like the 599 other paper currencies that have ALL gone, as research has shown.