Throughout history, metals have been used as money. In 1971, Richard Nixon betrayed the world by removing the last shreds of gold from the dollar. Ever since then, the value of currency has been eroded away at an ever-increasing pace. Central banks and investors still hold onto metals in order to preserve wealth, particularly through inflationary periods. Traditionally gold and silver are more commonly held. But what metal has been shown to perform even better during the past couple decades?
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Sources Used in This Video:
https://goo.gl/UpprQe
Gold Price
https://goldprice.org/
Copper Prices - 45 Year Historical Chart | MacroTrends
http://www.macrotrends.net/1476/copper-prices-historical-chart-data
More Precious Than Gold? Copper’s the Better Inflation Hedge - Bloomberg
https://www.bloomberg.com/news/articles/2017-06-27/more-precious-than-gold-copper-a-better-hedge-against-inflation
More Precious Than Gold? Copper’s the Better Inflation Hedge - Bloomberg
https://www.bloomberg.com/news/articles/2017-06-27/more-precious-than-gold-copper-a-better-hedge-against-inflation
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