which usa president completely took the us dollar off the gold standard?
And on June 5, 1933 the United States was officially of the gold standard. Fast-forward to August 15, 1971, 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. Thanks to President Gerald Ford, when in 1974 he signed legislation that permitted Americans again to own gold bullion.