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To: Kozak
There will be a market for "money changers" - e.g. people who will issue 1 gram bits of gold bullion, or even (if there's enough trust in the issuing organisation) de facto Gold-backed certificates becoming a currency.
33 posted on 09/30/2010 8:29:32 AM PDT by agere_contra (...what if we won't eat the dog food?)
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To: agere_contra
There will be a market for "money changers" -

It would most likely be a pricey black market. I doubt the government -- especially one like we have now -- would allow a free an open exchange of precious metals. After all, the government's goal is to steal our wealth via currency devaluation. Can't do that if we're converting all our wealth into metal. Remember FDR's confiscation of gold in the 1930s.

Still, I don't see any other option. The Fed is printing like mad....

42 posted on 09/30/2010 8:52:42 AM PDT by kevao
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