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World currency - the gold price and devaluation
World currency long time has not been covered by gold, a so called gold standard. Thus increasing overall inflation rates by multiplied times, because money can be printed out of nowhere.
Today (November 20th, 2012) gold price
Today one ounce of
gold price is exactly
1732.9 United States Dollars. I will cover different nations with different economical situations throughout world and their currencies related to gold and USD.