Fiat currencies are in an eternal bear market against gold: Since 1971, the US Dollar has lost -99.24% of its value against gold, the 2nd-largest decline among major currencies. Over the same period, the British Pound has declined -99.57%. The Euro would have lost -99.08% against gold if it had e
@KobeissiLetter·May 31, 2026·2 sources
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Fiat currencies are in an eternal bear market against gold: Since 1971, the US Dollar has lost -99.24% of its value against gold, the 2nd-largest decline among major currencies. Over the same period, the British Pound has declined -99.57%. The Euro would have lost -99.08% against gold if it had e
@KobeissiLetter
May 31, 2026
🚨 NOW: Since 1971, the US Dollar has lost 99.24% of its value against gold while gold prices surged over 11,000% in the same period. https://t.co/0PASDSuXUx
@Cointelegraph
May 31, 2026