Understanding the Gold Standard

RSS Feed

SUBSCRIBE:      Spotify    RssFeed    IHeart    Amazon Music   

Saturday, October 18, 2025

Life after gold: Did you know that the US dollar was once tied to gold until it wasn't? Gold has been used as currency since humanity first discovered its lustrious power. So, why did the US and other countries abandon the connection of the dollar to gold? In this episode of CMI Gold & Silver Johnny on the Spot, Johnny and Shannon break down what happened to our monetary connection to gold and decode the consequences of abandoning it. Learn about Franklin D. Roosevelt's role in ending the gold standard, the meeting at Bretton Woods, and how the "Nixon Shock" in the 70s ended it all.

Related Episodes

Johnny On The Spot - 5-23-26

Saturday, October 18

Johnny On The Spot - 5-2-26

Saturday, October 18

Johnny On The Spot - 4-11-26

Saturday, October 18

Trending Videos

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Heart of Innovation
    11:00AM - 12:00PM
     
    The Heart of Innovation is 60 minutes with life and limb saving potential. Emmy   >>
     
  • Business By The Bay
    12:00PM - 12:30PM
     
    San Francisco Bay Area has given the world some of the greatest business   >>
     
  • Money Pulse
    12:30PM - 1:00PM
     
    Host Craig Roberts talks to innovative startups and enduring businesses here in the Bay Area.
     
  • Bloomberg Businessweek
    1:00PM - 2:00PM
     
    Get the latest news from the world of business and finance and the interesting   >>
     
  • Selwyn's Law
    2:00PM - 2:30PM
     
    Selwyn’s Law is committed to helping clients solve financial issues and reclaim   >>
     

See the Full Program Guide