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Message: Re: 18 trillion...
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May 30, 2015 11:38AM
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May 31, 2015 12:39AM
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May 31, 2015 12:03PM

You're absolutely right no fiat currency is backed by gold anymore if it ever happens gold will have to be massively revalued many times higher than it is currently to offer legitimate backing to the hugely indebted fiat currencies out there. It's a matter of confidence after all its just a piece of paper saying trust me I am worth a dollar/pound etc. and will be next week too.

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May 31, 2015 01:05PM
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