Re: Post Full Feas parameters
in response to
by
posted on
Sep 07, 2011 07:45PM
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I am always leery about gvts moving toward a gold standard. They can manipulate paper much easier than they can manipulate gold. The only value gold has for them is a store of value that appreciates rather than depreciates, but printing paper is easier than trading gold. I suspect western nations feel they don't need gold becuase they can print paper and use other slights of hand to convince the sheeple that they (the gvts) have something of value. Eastern nations can't do this because their sheeple put more faith in gold than paper. So I think we will continue to see gold shift from west to east. I would be surprised if Canada ever increased its gold reserve. I would not be surprised if they slapped on things like gold export taxes as western sheeple continue to put faith in paper. The sheeple will applaud that we are making paper money from exporting gold.