Trump to reinstate the Gold Standard? Trump: "It would be wonderful" | |
Anonymous Coward User ID: 35799703 United States 02/02/2017 10:43 AM Report Abusive Post Report Copyright Violation | |
wisc_natureboy
(OP) User ID: 41912531 Canada 02/02/2017 11:26 AM Report Abusive Post Report Copyright Violation | He is not the only one: "Trump may not be alone in his interest in returning the U.S. to the gold standard. Some of Trump's biggest campaign rivals, including Ted Cruz, Mike Huckabee, and Ben Carson, have all implied some degree of support for the gold standard, with Cruz being the clear top supporter among these three." [link to www.fool.com (secure)] We all breathe the same air. .-.. --- ...- . / .- .-.. .-.. |
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Sleeping Giant
User ID: 543618 United States 02/02/2017 11:56 AM Report Abusive Post Report Copyright Violation | Hey buddy Last Edited by Sleeping Giant on 02/02/2017 11:56 AM Wake up, oh sleeper, and rise from the dead, and Christ will shine on you |
Anonymous Coward User ID: 73860323 Mexico 02/02/2017 11:57 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 68818420 United States 02/02/2017 12:01 PM Report Abusive Post Report Copyright Violation | Also consistent with the slap to Andrew Jackson. They placed his likeness on the $20 bill in response to his opposition of a renewal of the federal bank charter. "In your face" seems to be a consistent pattern of the global banking cartel. I wonder who will be next? |
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Anonymous Coward User ID: 30194358 United States 02/02/2017 12:11 PM Report Abusive Post Report Copyright Violation | A flatout gold standard, would be stupid. A resource basket, of gold, silver, iron, copper, corn, wheat, and coal, would be the best bet. Quoting: Anonymous Coward 73882362 Probably something like an organic online trading system relating all prices of commodities in terms of one another or gold, or silver. But what they'll most likely do is switch to the SDR (special drawing right) that is a basket of national currencies and gold Dollar 20% Pound 20% Yen 20% Yuan 20% Gold 20% That would devalue the existing dollar by about 75% |
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Manosteel
User ID: 73136673 United States 02/02/2017 12:18 PM Report Abusive Post Report Copyright Violation | I am not convinced that returning to a gold standard will fix anything. I just don't quite understand what they think it will accomplish. yes...we do need to have something to back the currency but there is just not enough gold to do the job I am afraid. Maybe we should back currency with something people actually "need"....grains...potatoes...can I get some love for tomatoes? Gold is ...at this point in time...a frivolous thing...vanity....There are some practical uses for it in computer technology and aero space applications...but for the most part ...it is a shiny metal that is easy to work with...that's it. If I had to pick a "thing" that should be the spine of modern civilization...I would say it is energy. Whether it be oil or coal or nuclear....that is what drives civilization forward....energy. Only idiots hate facts |
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TheToolMan
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Anonymous Coward User ID: 35676288 United States 02/02/2017 12:27 PM Report Abusive Post Report Copyright Violation | ...../breath of fresh air but be warned. We will face a speed bump in currencies, trade, markets, but bankers would be kicked, federal reserve shut down, IRS shut down, and a $1 bill means I owe you a $1 gold! Its like taking a bandaid off a wound. it needs to be done so we can finish healing. |
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Anonymous Coward User ID: 73791941 United States 02/02/2017 12:42 PM Report Abusive Post Report Copyright Violation | Good for Texas, and the U of Texas that bought 750M worth of gold years ago Quoting: Anonymous Coward 68497662 and is opening its own gold depository lol [link to www.texastribune.org (secure)] |
The Comedian :D
User ID: 71008365 United States 02/02/2017 12:45 PM Report Abusive Post Report Copyright Violation | How are all you AC shills feeling? You know, you fucking assholes who held on to your fantasy of Trump being an NWO shill, or Soros shill. You doing OK? Feeling stupid? Suicidal? Go with it. Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits ‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense [link to www.godlikeproductions.com] "Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead. |
The Comedian :D
User ID: 71008365 United States 02/02/2017 12:45 PM Report Abusive Post Report Copyright Violation | Good for Texas, and the U of Texas that bought 750M worth of gold years ago Quoting: Anonymous Coward 68497662 and is opening its own gold depository lol [link to www.texastribune.org (secure)] Texas is going to be the new capital of Free Earth. Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits ‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense [link to www.godlikeproductions.com] "Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead. |
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