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To: groanup
Why would central banks want to hold gold down?

Gold is their competition. Paper money based soley on paper money always becomes worthless at some point in time.


46 posted on 02/21/2008 4:41:33 PM PST by bjs1779
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To: bjs1779

Well they sure haven’t been able to hold it down this time. It’s funny that they can’t, because they have all the money. Of course it could be that they aren’t trying to.


47 posted on 02/21/2008 4:49:59 PM PST by groanup (Don't let the bastards get you down.)
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To: bjs1779

It is not even good as toilet paper- too scratchy.


52 posted on 02/21/2008 6:02:55 PM PST by arthurus
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