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<blockquote data-quote="Ou812fu" data-source="post: 4985158" data-attributes="member: 76481"><p>1971</p><p></p><p>The government held the $35 per ounce price until <strong>August 15, 1971</strong>, when President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, thus completely abandoning the gold standard.</p></blockquote><p></p>
[QUOTE="Ou812fu, post: 4985158, member: 76481"] 1971 The government held the $35 per ounce price until [B]August 15, 1971[/B], when President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, thus completely abandoning the gold standard. [/QUOTE]
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