View Single Post
Old 05-11-2009, 10:57 AM   #4
Seashore
Avalon Senior Member
 
Join Date: Nov 2008
Posts: 3,564
Default Re: Tiny Mustard Seed of Gold Backing?

Quote:
Originally Posted by Unified Serenity View Post

The reason those in power in the US don't want gold backing is it would destroy our economy. There are other nations with far more gold than we have. The Chinese just bought a great deal of gold and intend to keep increasing their stockpile against their failing dollar investments.
Tracy was interviewed on Coast to Coast on May 9, 2009, and during the interview she and Ian Punnett tossed around the idea of using gems such as diamonds, rubies, etc. to back up currency!
Seashore is offline   Reply With Quote