There has been much speculation regarding the stability of the US Dollar, especially as the Federal Reserve continues to use its printing press at full speed. Printing currency destroys the value of money—period. But how will other fiat currencies par with the debasement of the US Dollar, specifically the Canadian Dollar? Even though the Canadian economy […]
Tag Archive | "Canadian Dollar"
Can the Canadian Dollar Collapse?
Posted on 12 November 2012.
Posted in Gold and Silver, US Dollar CollapseComments (1,584)
Is the Canadian Dollar Backed by Gold?
Posted on 12 November 2012.
The Canadian Dollar, among a long list of other currencies around the world, is no longer backed by gold. No gold, silver–nada is backing the value of the Canadian Dollar. The Gold Standard for the Canadian Dollar was officially abandoned on April 10th, 1933. This is not to be confused with the US gold standard, which was officially […]
Posted in Gold and Silver, US Dollar CollapseComments (2,076)
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