GREY:HRIVF - Post by User
Comment by
Olderwisernowon Mar 11, 2009 2:54pm
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Post# 15837170
RE: RE: What would be the POG if Gold standard com
RE: RE: What would be the POG if Gold standard comIt is not quite that simple a scenario. IF the governments decided to go back to a gold standard, even ONE large economy, the price of gold would rocket before. Why? There is simply no way the word would not leak out. Just way too many people involved, too many countries, banks and endless complexities. That is part of their problem right now, they are debasing ALL the currencies BECAUSE they can't find any other route out. I believe, and I am NOT one to think conspiracy stuff, but it is hard to believe that there is not meddling going on right now, to hold the price under relative control. They do not want a run on gold, as it would force their hands. As for seisure. Its like many things in life. They will seize your pot if you happen to be a smoker of such, but guess what? Do you see any shortage! LOL If there is one lesson you would have thought folks would have learned over the past decades, is this: if you want to see something REALLY go up in price, WAY above any intrinsic value, just make it illegal! Need you look far for examples???