Gold and Bible Prophecy
- 03rd February 2025
- News and Prophecy Staff
Gold was once a stable backing for many world currencies. A little more than 50 years ago, the U.S. dollar itself was backed by gold and was fixed at a value of about $35 per troy ounce. In 1971, currency inflation, economic competitiveness, and other factors moved then-President Richard Nixon to decouple the U.S. dollar from gold, making the dollar a pure fiat...