James Turk publishes GoldMoney alerts. His latest one compares gold with 23 world currencies to quantify the loss of purchasing power since 2000.
The Swiss franc lost least with 10.1%, the Euro 10.8%, the US dollar 14.9% and the UK pound lost 15.1%.
Conclusion: taking away the gold standard was a way of democratising the market for gold. But it still remains the most stable currency and is thus a suitable measuring stick.
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