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    If you question these things, the first thing you should know is that the exchange rates weren’t used since the start trade. Gold was the thing useful to back the currencies for a reasonable length of time. What did this guarantee? It meant that a currency issued by a government represented a certain amount of gold that existed in that government’s vaults. The undeniable fact a person owned that currency resulted in person really owned a certain level of gold.

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    If appear at the dollar vs metals on the chart in the last century, you can’t always say, “Look! That guy made bank on investing in metals!” In the event it were the case, metals would spin out of control in relation to its price that no you could be excited to afford consumers. Nothing can climb rapidly in price forever.

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