To: alexmark1917
What would happen to the price of gold should this actually come to pass?
2 posted on
02/08/2015 5:06:58 AM PST by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: alexmark1917
The article on Russia planning a gold-based currency says this:
"It could mean the threat of a severe inflation in the United States should rafts of unwanted dollars make their way back across the Atlantic — the Fed's ultimate nightmare."
That means that in dollars, the value of everything here would skyrocket, including gold.
3 posted on
02/08/2015 5:12:22 AM PST by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: alexmark1917
It’s abundantly clear that cheap money is a cancer on the economy, that it destroys the value of money (in relation to asset prices, if not consumer prices) and that it simply doesn’t work.
And it has been clear and known for Hundred’s of Years.
5 posted on
02/08/2015 5:26:00 AM PST by
eyeamok
To: alexmark1917
8 posted on
02/08/2015 6:16:37 AM PST by
4Liberty
(Prejudice and generalizations. That's how Collectivists roll......)
To: alexmark1917
Everyone still sees Russia as the victim and not the culprit.
Who's yer daddy, kiddies?
12 posted on
02/08/2015 6:49:50 AM PST by
9thLife
("Life is a military endeavor..." -- Pope Francis)
To: alexmark1917
thanks for the interesting post
16 posted on
02/08/2015 8:50:55 AM PST by
khelus
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