Since 1900, every major government-issued currency has lost purchasing power relative to gold.For th

Since 1900, every major government-issued currency has lost purchasing power relative to gold.For the first time in history, all major currencies are fiat—backed by neither a commodity standard nor strict limits on money creation. But you don't have to rely solely on a fiat system; you can choose your own personal gold standard.Since 2010, central banks have been net buyers of more than 7,000 tonnes of gold, while the U.S. dollar's share of global reserves has gradually declined.The irony is striking: the very institutions that once dismissed gold as a "barbarous relic" are now among its largest buyers.@The_Economist_Telegram