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ranbotrader
Member since May 2012
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The US is moving to a gold standard

- Jan Skoyles Real Asset Co - The Real Asset Co

Given that you can't even get gun laws changed in the US, even with the (latest) massacre of children, what hope do you have of getting a gold standard through....unless it benefits the well to do. If that is true then it will happen.

Personally I find it hard to believe that the money printers of the world are not having the value of their currencies slashed. Maybe the traders are holding up the indefensible and will happen in time though.

The whole gold standard argument is yet to play out but be aware that a number of nations have laws which will permit their governments to show up on your doorstep, demand your gold and give you (worthless) fiat currency. This worries me but I guess we all need to wait for the fat lady to sing.

Commented 4018 days ago

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Beginning of the headline :Following the news that last week Arizona lawmakers passed a bill that will see precious metals become legal tender we thought this would be the perfect time to bring you a fourth installment of The Real Asset Report. Here we look at the moves several US states are making to move to sound money. Look out for the great infographic below. ‘No State Shall make any Thing but Gold and Silver Coin a Tender in Payment of Debts’ 1787 US Constitution: Article I, Section 8. When President Nixon closed... Read More

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