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hycd4 (November 30, 1999 at 12:00 am)
@cesar333 So you believe that we should continue down a path of self destruction with out of control inflation instead of cutting back with the gold standard? The point you are missing is that the dollar is going to fail probably by the end of the year if we don't change! The gold standard is a control on spending no gold no more spending! It puts a fail safe in place! Wake up!
cesar333 (November 30, 1999 at 12:00 am)
Dont fall for this commercial people. At current levels, there is not enough gold in the world to support as a monetary base. Today China is the leading producer of gold and while Australia holds the most reserve. You cannot have economic growth with your currency is pegged to gold.
ronpaul2012hope (November 30, 1999 at 12:00 am)
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RobertX2000X (November 30, 1999 at 12:00 am)
it's like the propoganda to buy anything they will claim that your money is going toward a good investment when in reality all you will have is less of your money
RobertX2000X (November 30, 1999 at 12:00 am)
no they just want you to buy the damn gold so that when it decreases in price they will have more of your dollars and less of their depreciating bullion (gold that isn't worth as much)
Grendelwasright (November 30, 1999 at 12:00 am)
soooo, wait. Are you telling me that there are companies who will take my worthless paper money and give me gold for it? How do they make a profit from THAT? If the world is going to end like Glenn Beck says won't food, shelter, and ammunition be much more valuable?
astrofrk (November 30, 1999 at 12:00 am)
I was a Libery Dollar Associate and did my best to exchange Liberty Dollars for currency. Many people thought I was some chump. One dude pointed out that my $5 Silver Liberty only had $4.50 in Silver, he said I was "Ripping him off", so I paid him with a $5 bill. That was in 2003. So tell me: Which was a ripoff? What has the value of silver done since 2003 and compare that to the dollar. Between that dude and I: Which one of us was the "Chump"? It's the Fed that "Ripped him off", not me!
tommy35ss (November 30, 1999 at 12:00 am)
@muumikopio compare price of gold in oil. The fiat Dollar is very unstable. Or food prices
tommy35ss (November 30, 1999 at 12:00 am)
Compare price of gold in oil. The fiat Dollar is very unstable. Or food prices
williamjpiano (November 30, 1999 at 12:00 am)
@muumikopio If you compare the 50 year gold chart(in USD) and the value of USD you will find that they have a nice inverse relationship. Not that gold is unstable, but rather currency is being manipulated. |
