How Fiat Money, Nixon and the Federal Reserve Changed the World
From money backed by gold to money backed by debt
There was a time when money represented something tangible.
For centuries, gold and silver served as money because they were scarce, durable, divisible and difficult to create. Governments could issue paper currency, but ultimately…
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PRICE
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