Study finds 29% of Americans believe the dollar is still backed by gold

CisionPRNewswire/Genesis Mining Survey

Ed Stein cartoon graphic of gold bar flying a dollar kite“We asked respondents ‘what is the dollar backed by?’ 29% said gold, 4% said oil, 5% said bonds, 7% said nothing, 23% said they don’t know and just 30% accurately stated the US government.”

USAGOLD note:  Gold is scarce and a rudimentary understanding of money and finance is even scarcer.


Repost from 11-2-2019

Share
This entry was posted in Today's top gold news and opinion. Bookmark the permalink.