EricH

How an Honest Money System Can Help America

To me what a "new" gold standard would look like:

1. Government excuse to immediately confiscate and outlaw all private holdings of gold (prior to revaluing it upwards)
2. They would claim our money is now backed by gold, but only redeamable in gold between governments, not citizens
3. At the end of the day the sheeple would still be on a fiat system, the claim of "backed by gold" would merely be a mirage for the masses.

Think about it.

Bottom line, if you appreciate the ability to buy/sell & hold gold then DON'T hope for a gold standard, it would be a wolf in sheeps clothing and only serve to finally get the gold out of private hands for once and for all. UNLESS, each dollar would become a "receipt for gold" and could be redeamable for gold at any bank... THAT WILL NEVER EVER HAPPEN, you and I know it.

If I had to guess what's going to happen next, the banksters will cal for some quasi-BS gold standard as I've outlined here and all the sheeples will no longer have anywhere to hide or store their wealth... It's a trick don't let it happen.

First Fuel, Now Metals - Forecasts Lowered

Paultat... Good post, I have to admit you tore me up; I concede. I guess the media got into my head there... for a few minutes they actually had me believing the dollar was strong. I'm back on track now though; the dollar is garbage! But gold will still stay down. Why? because it's being held down, and they'll keep pounding it down.

If you decide to vote, vote for Chuck Baldwin... Look him up.

First Fuel, Now Metals - Forecasts Lowered

I agree with this article... All precious metals will go down, down, down; and just when you think they've hit rock bottom, they'll go down some more and then continue to slide.

The USD is on a raging bull run, it can only go up from here "Every day we seem to reach a permanent new high for the USD"