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Re: what would have happened if the us had stayed on the gold standard
And the winner is . . . (View Post)1 -
Re: Gold $3,345 an ounce. Silver hit $33.50 an ounce. Woop Woop !
Re the title "Gold $3,450 an ounce. Silver hit $33 an ounce. Woop Woop !" $3450 is so two hours ago! :o (View Post)2 -
Re: Gold in 2025, $2700 or $3300?
$3350. Is some of this rapid increase due to unwinding of wrong-way bets? Gold/silver ratio now 102. Gold/platinum ratio now 3.45. (View Post)2 -
Re: Would the price of gold collapse if we had a default on our national debt
But wouldn't a newly printed $100 U.S. Note have the same inflationary effect as a newly printed $100 Federal Reserve Note? (View Post)2 -
Re: Would the price of gold collapse if we had a default on our national debt
As I see it, the only practical alternative to a runaway national debt is to begin issuing money unbacked by government debt, as in U.S. Notes. (View Post)1