Sentences with phrase «u.s. abandoned the gold»

Since the U.S. abandoned the gold standard in the mid-1970s, consumer prices have quadrupled, but gold has risen more than ten-fold.

Since the U.S. abandoned the gold standard in 1971, this precious metal has seen a meteoric rise in value; gold prices have appreciated over 500 % since the year 2000 alone.

Not exact matches

Ever since the gold standard was abandoned, the precious metal has traded inversely to the U.S. dollar.

Abandoning that smoke screen upon reaching the gold medal game against none other than powerful Spain — and the rematch everyone had been awaiting for so long, or at least since six days earlier when the U.S. squeaked out a 101 - 68 thriller — Knight had the gall to say the Americans had come through «the toughest draw.»

Two of the three historical exceptions were unique events: Among the causes in 1931 were the collapse of Austrian bank Credit - Anstalt and the currency crisis that forced Britain to abandon the gold standard; in 1941 it was the U.S. entry into World War II.