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Trump’s Monetary Reset: Is a Gold-Backed Dollar on the Horizon?
International Man ^

Posted on 05/31/2025 9:49:56 AM PDT by delta7

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To: cuban leaf
It means gold would be more per ounce than a bit coin is worth now. And they’d probably try to make ownership illegal again.

Ever since all of this hype started again to purchase gold, that was my first thought.   All of the fools buying gold would be slitting their wrists if our government demanded all gold possessed in individual hands be turned in for $100.00 per ounce, or even ten times that.

41 posted on 06/05/2025 4:39:00 PM PDT by higgmeister (In the Shadow of The Big Chicken! )
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To: higgmeister

That’s one of the things that would start a civil war.


42 posted on 06/05/2025 6:02:47 PM PDT by cuban leaf (2024 is going to be one for the history books, like 1939. And 2025 will be more so, like 1940-1945.)
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To: cuban leaf

By degrees it might be tried...


43 posted on 06/05/2025 7:30:53 PM PDT by higgmeister (In the Shadow of The Big Chicken! )
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To: higgmeister

When FDR did it, it was frozen at the “current” price, in essence.

If they tried it now, they would have to “freeze” it at around $3,400 an oz to keep the people away from their torches and pitchforks.


44 posted on 06/06/2025 5:26:04 AM PDT by cuban leaf (2024 is going to be one for the history books, like 1939. And 2025 will be more so, like 1940-1945.)
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