GREY:GYPHQ - Post by User
Post by
sittighton Mar 22, 2011 5:28pm
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Post# 18324140
convertibility
convertibilitywas when the dollar was pegged to gold...if you thought they were printing too many dollars...you would take your $32.00 to the bank and demand your ounce of gold...today we have no convertibility ,nothing is backing the dollar....fort knox where they keep our gold has not been audited in 50 years...the risk is in holding u.s. dollars...... gold is money