[You Dirty Rats]

Obviously, Ron Paul hasn't and doesn't really know why that speech was given.

Ron Paul knows nothing about finance.

If the economy expands faster than the gold supply, then we would have deflation on a gold standard. The history of our country shows just how devastating that can be -- including in the late 1800's.

And in any case, if Ron or anyone else thinks the US Dollar or assets denominated in US Dollars represent a bad risk and/or poor returns (fools), then he or anyone else can sell all of his / their assets and buy gold.

The last gold-bug economist to hold any responsible position (under Ford -- when gold ownership was legalized) was Alan Greenspan. Yes, the same man who is now Fed Chief and has presided over a remarkable period of price stability. During Greenspan's tenure, by the way, gold as an investment sucked.

Between his gold advocacy and his peace alliance w/ Dennis Kucinich, Ron has founded his very own political planet. When someone figures out what black hole he and it are in orbit around, please let me know.

[nopardons]

I didn't say that Paul knows nothing about finance. What I said was that he knows nothing ( as evidenced by this article ) about Black Monday, that his "facts" are spurious concerning that time period, and that other parts of this article is error riddled.

But thanks for the rest of your post.