Return to Gold Standard? Why Price Would Hit $10,000

Discuss gold, currency, precious metals, trading and the markets.

Return to Gold Standard? Why Price Would Hit $10,000

Postby styky » 10/ 14/ 11 11:01 am

Return to Gold Standard? Why Price Would Hit $10,000

http://www.cnbc.com/id/44891595
Click here for FREEDOMINION FORUM RULES
All the great things are simple, and many can be expressed in a single word: freedom; justice; honor; duty; mercy; hope ~ Sir Winston Churchill
"The problem with socialism is that eventually you run out of other peoples money." Margaret Thatcher They say it takes a minute to find a special person, an hour to appreciate them, a day to love them, but then an entire life to forget them.
User avatar
styky
Member
 
Posts: 120244
Joined: 03/ 10/ 03 9:21 pm

Re: Return to Gold Standard? Why Price Would Hit $10,000

Postby styky » 10/ 29/ 11 11:20 am

This is from 2005 but the video couldn't be more right.


http://www.321gold.com/mustread/spotgol ... rrrrr.html
Click here for FREEDOMINION FORUM RULES
All the great things are simple, and many can be expressed in a single word: freedom; justice; honor; duty; mercy; hope ~ Sir Winston Churchill
"The problem with socialism is that eventually you run out of other peoples money." Margaret Thatcher They say it takes a minute to find a special person, an hour to appreciate them, a day to love them, but then an entire life to forget them.
User avatar
styky
Member
 
Posts: 120244
Joined: 03/ 10/ 03 9:21 pm

Re: Return to Gold Standard? Why Price Would Hit $10,000

Postby virgey » 10/ 29/ 11 3:10 pm

styky wrote:Return to Gold Standard? Why Price Would Hit $10,000

http://www.cnbc.com/id/44891595


Hard currency such as gold, silver and possibly platinum, and any other physical object that the world could unanimously agree on, is the ONLY way to prevent this destruction of our economies. Every other contrivance, no matter how well thought out, is doomed to failure if it is ultimately based on a fiat currency.
Balance is what is needed in all we do.
User avatar
virgey
 
Posts: 7096
Joined: 07/ 10/ 04 12:10 pm
Location: Windsor, Ontario

Re: Return to Gold Standard? Why Price Would Hit $10,000

Postby free_life2 » 10/ 29/ 11 7:02 pm

styky wrote:This is from 2005 but the video couldn't be more right.


http://www.321gold.com/mustread/spotgol ... rrrrr.html


Ok I will bite. The gazelle runs into a tree, the lions get a free lunch. What does the video have to do with the gold standard? Curiosity got the better of me. ;)
User avatar
free_life2
 
Posts: 12331
Joined: 11/ 18/ 04 3:34 pm
Location: Heaven

Re: Return to Gold Standard? Why Price Would Hit $10,000

Postby styky » 10/ 29/ 11 7:10 pm

free_life2 wrote:
styky wrote:This is from 2005 but the video couldn't be more right.


http://www.321gold.com/mustread/spotgol ... rrrrr.html


Ok I will bite. The gazelle runs into a tree, the lions get a free lunch. What does the video have to do with the gold standard? Curiosity got the better of me. ;)


It's metaphorical as in the economy hitting a wall
Click here for FREEDOMINION FORUM RULES
All the great things are simple, and many can be expressed in a single word: freedom; justice; honor; duty; mercy; hope ~ Sir Winston Churchill
"The problem with socialism is that eventually you run out of other peoples money." Margaret Thatcher They say it takes a minute to find a special person, an hour to appreciate them, a day to love them, but then an entire life to forget them.
User avatar
styky
Member
 
Posts: 120244
Joined: 03/ 10/ 03 9:21 pm


Return to Free Dominion Gold

Who is online

Users browsing this forum: No registered users and 2 guests