The gold standard is coming

[bripat9643]

Going back to the gold standard is NOT a good idea for several reasons. Here's one...

Turning Lead into Gold

The cost of converting lead into gold is many many times of the market price of gold.

That's not a good reason.

 

[regent]

So did Nixon make a mistake?

 

[Dissent]

yes.So did Roosevelt.

 

[Kevin_Kennedy]

So did Nixon make a mistake?

Nixon took us off a gold-exchange standard, not the gold standard.

 

[Oddball]

No reason, other than the fact that the market has historically turned to gold and silver to act as a medium of exchange.

how do you pay for something in gold over the internet?

There was a company that allowed you to do that, but the feds shut it down and put the owner in prison.

Bernie is out pending appeal....If there's any justice left in America, he'll be exonerated and have his coin returned.

I ain't holding my breath.

 

[Moonglow]

Diss is working under the supervision of the Hunt brothers ,so they yet again they can corner the market in silver, by subverting minds into buying more gold and leaving the silver hoarding to Hunts This time you will never see it coming.

 

[Moonglow]

how do you pay for something in gold over the internet?

There was a company that allowed you to do that, but the feds shut it down and put the owner in prison.

Bernie is out pending appeal....If there's any justice left in America, he'll be exonerated and have his coin returned.

I ain't holding my breath.

He just outta his mind tonight.

 

[Unkotare]

The Gold Standard Is Coming - Forbes

Bout time...

Unlikely.

 

[Oddball]

There was a company that allowed you to do that, but the feds shut it down and put the owner in prison.

Bernie is out pending appeal....If there's any justice left in America, he'll be exonerated and have his coin returned.

I ain't holding my breath.

He just outta his mind tonight.

Suffice to say you don't know who Bernie is.

Just leave it alone.

 

[g5000]

Yeah it would be horrible. Then the fed couldn't just print money out of thin air with nothing to back it with...they would only have so much money to put in circulation...no money to print out of thin air...poof goes the war state and the over spending.

We had wars and overspending, and more frequent and deeper financial panics and depressions, on the gold standard. Stop doing drugs, son.

.

 

[Mad Scientist]

Bernie is out pending appeal....If there's any justice left in America, he'll be exonerated and have his coin returned.

I ain't holding my breath.

He just outta his mind tonight.

Suffice to say you don't know who Bernie is.

Just leave it alone.

Bernard von Nothaus.

 

[Kevin_Kennedy]

Yeah it would be horrible. Then the fed couldn't just print money out of thin air with nothing to back it with...they would only have so much money to put in circulation...no money to print out of thin air...poof goes the war state and the over spending.

We had wars and overspending, and more frequent and deeper financial panics and depressions, on the gold standard. Stop doing drugs, son.

.

Only when they abandoned the gold standard. The two banks of America come to mind, not to mention Lincoln's greenbacks to finance the Civil War.