Is money based on gold?

Answer Money is not based on gold. President Richard Nixon removed the U.S. dollar from the gold-exchange system in 1971. At the time, the United States was the only country still exchanging currency for ... Read More »

Top Q&A For: Is money based on gold

How to Create a Gold Based Wealth Portfolio?

Using gold as a form of wealth building or hedging your savings against inflation may seem very attractive. Provided you have spare investment money and you're investing in a wide range of options ... Read More »

Is United States currency still based on the gold standard?

In 1971 Richard Nixon ended the gold standard, ending the convertibility of the dollar into an equal amount of gold. This action was part of a series of measures taken to curb inflation.Source:"Gol... Read More »

What is a gold money account?

There are many different ways of conducting commerce on the Internet, and several different financial service companies that facilitate these, such as PayPal. Some of these companies actually conve... Read More »

How to Get a Ton of Money/Gold on Wizard101?

An editor has suggested that this article be merged with:"How to Get a Lot of Money in Wizard101" Per the merge policy, if these topics are determined to be similar but distinct, then the articles ... Read More »