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How to get the US economy going again

- Hugo Salinas Price - Plata.com

So, close to a perfect solution (as perfect as it gets anyway). Government intervention in any market distorts the market, so instead of having the government mandate some semi-fixed price for gold, why not just shut down the paper gold market. A physical only gold market would very quickly find, AND maintain, the equilibrium price. And the gold would flow, ballancing trade just as H.S.P. descibed. This model if often called Freegold, in that the price of gold floats freely, and there is no paper market.

Commented 4013 days ago

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Beginning of the headline :I am reading a great deal of alarming information regarding impending economic collapse in the US.I feel sure that most of the predictions I read are based on facts, and ought to scare the living daylights out of all readers.What I fail to see is an explanation of the causes of this terrible, atrocious situation in which the US economy finds itself.Let me cut through all the dire warnings and offer... Read More

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