Seeking Alpha

Grayray » Comments » UDN

  • What Really Backs the U.S. Dollar? [View article]
    You are correct in that gold and silver aren't lawful money.........at least until they are minted into such. Read the US Constitution.

    Congress shall have the power to coin money and regulate the value thereof.

    Art 1 sec. 10... No state shall......make anything but gold or silver coin a tender in payment of debt.

    We have been hoodwinked by our elected officials. If we had "lawful Money" as per the US Constitution we would have a hell of a lot less problems. Federal Reserve Notes are "tree money" and gold or silver coin are real money as per our Constitution.




    On Jun 28 04:53 AM Dave Wrixon wrote:

    > Sorry this is a mixture of lies and half truths. For a start Gold
    > and Silver aren't Lawful Money anywhere, they are exotic commodities.
    Jun 28 12:13 pm |Rating: +5 0 |Link to Comment
  • Three Potholes on the Road to Economic Recovery  [View article]
    I consider this article to be one of the best that I have read in a long time. Your thoughts are concise and you use the old KISS principle.

    Very refreshing........THAN...
    Feb 16 10:53 am |Rating: 0 0 |Link to Comment
More on UDN by Grayray
Comments by Ticker
Grayray's
Comments Stats
10 comments
Rating: 13 (13 - 0 )