[dollarbull]

In five days gold's dropped about 10%. If we had a gold standard that would be called 10,000% hyperinflation.

Incorrect, you can't have a hyperinflation on a gold standard (but you know that already). We'll have hyperinflation, but just not yet. The treasury bubble and the $US bubble will pop hard.

Got gold?

[rbmillerjr]

Sold my GLD 2 months ago.

The market is stabilizing...not recovering yet, but stabilizing...gold is done imo.

[dajeeps]

“you can’t have a hyperinflation on a gold standard”

Sure you can, it just is not as likely. Suppose someone actually can turn lead into gold.

Additionally, that wasn’t my statement. I was responding to the fact that a 10% drop in gold prices would cause price inflation on a gold standard and I think you know that. Ever read much about Jay Gould? Believe me, people like him are still around.