Re: Repubs to discuss returning to Gold standard - No way Fant (a-2)
posted on
Aug 27, 2012 03:02AM
Hi Fant
I posted my thought on this last week I think; but really it is all about what they value thier Green Backs at and then Value Gold.
Quote:
"But let's just say that the Muscle (USA) of the world pulls off a BIG TRADE.
Keeps all the Gold they store for others (This is a Lot of Gold that is NOT theirs') but like they say "9/10th of the LAW is POSSESSION") and pays them their de-valued "Green Back" say at $2300. per oz. (or less) and then goes back to the Gold system to get out of DEBT.
To do this they would have to revalue Gold at a VERY HIGH Number...not sure how high but I have read big numbers thrown out there....i.e. $6000 +."
Hey could be a Million Loneys....LOL.
But NEVER under estimate the USA. They can and will do what is Good for them and forget the rest of the WORLD! or I should say: take the rest of the world in their back pocket.
cheers
W. C. Guy