To: redgolum
There isn’t enough physical gold or silver to go to a hard metal financial market.If you set it at the old $20.67 cents peer ounce, you would be right. However, if you set it at something approaching the current market rate, such as $1000 per ounce, we might be able to swing it.
To: Tolerance Sucks Rocks
However, if you set it at something approaching the current market rate, such as $1000 per ounce, we might be able to swing it.
Do you really think the government has anywhere near $17 trillion of gold @ $1000/oz.? That would be 17 billion oz. No way.
12 posted on
07/15/2014 9:17:06 AM PDT by
867V309
(Don't tread on me, bro)
To: Tolerance Sucks Rocks
Ok. I need to go buy a hamburger. How much gold, and how easily is it transferred?
16 posted on
07/15/2014 9:38:58 AM PDT by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: Tolerance Sucks Rocks
If you set it at the old $20.67 cents peer ounce, you would be right. However, if you set it at something approaching the current market rate, such as $1000 per ounce, we might be able to swing it. And how do you keep it there?
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