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Trump to reinstate the Gold Standard? Trump: "It would be wonderful"

 
BRYinTX

User ID: 73464210
Netherlands
02/02/2017 12:46 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Well, I wish him the best. He's got YUGE balls...but this makes him a YUGE target.
Carnac

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02/02/2017 12:48 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Except there is not gold anymore to back up money !!
 Quoting: Anonymous Coward 73860323


There is at $5K an ounce.

Seems like a good threat to me... Globalists push to destroy our economy and send the dollar/ounce price to 5K -- we will go back to gold standard.
Have a nice day = GFY. GFY = Go Fuck Yourself. If this offends you then have a nice day.
BRYinTX

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02/02/2017 12:48 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
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


trumpthis

gotta diversify...especially if you have the ability to grow your own wealth. i say include hemp in that basket as well.
Anonymous Coward
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02/02/2017 01:00 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
confiscate all the gold in the world and peg the price at $40,000 Dollars per ounce.
 Quoting: Anonymous Coward 35799703


Sure, why stops at there. We can confiscate all houses. cars, land, anything that is valuable. Or do not forget all the stock and bonds owned by Gates, Fuckberg, Soros etc.

Been there, done that in Red China. I am pretty shure all your red neck merikans will totally enjoy that.
Anonymous Coward
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02/02/2017 01:07 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
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)]
 Quoting: Anonymous Coward 73791941


Texas is going to be the new capital of Free Earth.

:stwin:
 Quoting: The Comedian :D


And the world chili cook off.
Anonymous Coward
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United States
02/02/2017 01:10 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
notice all gold in oval .. plus and Andrew Jackson portrait of all people in a gold frame
Anonymous Coward
User ID: 1269784
United States
02/02/2017 01:13 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Such ignorance on this thread.

Step 1, learn what the attributes are for money.

Step 2, think outside of the box concerning the value of gold


That said, I think crypto currencies are they way to go since mining is very destructive to the planet. If gold were to become money again, mankind would go nuts and tear into the surface like never before seen in the history of mankind.
Anonymous Coward
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United States
02/02/2017 01:19 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
All the people who don't know jack squat about currency are going to cum all over themselves over this but this would be a colossally BAD IDEA for it does not matter what backs the currency but rather who controls the amount in circulation. Remember the quote for our former GREAT President James A Garfield and take heed all ye gold tards:

"Whoever controls the volume of money in any country is absolute master of all industry and commerce."
-- James A. Garfield, President of the United States

Before you gold tards start freaking out & bashing me, open your minds and watch this amazing video from the great Bill Still which explains the history of the Central Bank and why it is VASTLY MORE IMPORTANT WHO CONTROLS THE AMOUNT OF MONEY IN CIRCULATION, rather than what backs the currency:



^WATCH THIS IMPORTANT VIDEO BEFORE IT IS TAKEN DOWN FOR GOOD!^
...it has already been nearly scrubbed from the internet and taken down from youtube several times.

bumpbumpbump
Anonymous Coward
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Sweden
02/02/2017 01:21 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Trump is preparing for the inevitable death of the petrodollar.

Smart man.

And perhaps he has the support of the cabal in this. Which JFK did not have. They too know that their golden age is soon over. Somehow they have to find a way to save some of their wealth and security.
Anonymous Coward
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United States
02/02/2017 01:21 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
huge silver shortage,huge demand.silver will be king soon
R...

User ID: 73887911
Netherlands
02/02/2017 01:21 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
But how would that value US? Or he will he use all ín US stored gold from other countries? China would be richest now, they've been stocking up for years now...
"A strange game. The only winning move is not to play." - 'Wargames'

"This world is more like a mystery, trapped in a conundrum, spun by a paradox." - AC1118155
Anonymous Coward
User ID: 69475171
United States
02/02/2017 01:22 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
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


You are right about that....but the rest of what you said is not a good idea. It does NOT MATTER WHAT BACKS THE CURRENCY but rather who controls the amount in circulation which should be the US Congress!



WATCH THIS BEFORE IT IS TAKEN DOWN FOR GOOD!!!
Deplorable NO MORE Michele B

User ID: 7095553
United States
02/02/2017 01:22 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
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.
 Quoting: Manosteel


What it would "fix" is the manufacture of "fiat money...."

Dollars (or other currency) just printed out of thin air. Gold-backed dollars HAVE TO BE equal to the amount of gold is actually available. A real STANDARD for what our money (and money around the world) is worth.
Anonymous Coward
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Germany
02/02/2017 01:26 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
confiscate all the gold in the world and peg the price at $40,000 Dollars per ounce.
 Quoting: Anonymous Coward 35799703


Good Idea, Lets go start wars in other countries for gold like we did for oil.
 Quoting: Anonymous Coward 1567170


You must be from Iraq because that is the only country to ever start a war for oil.
Anonymous Coward
User ID: 69475171
United States
02/02/2017 01:28 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
IT DOES NOT MATTER WHAT BACKS THE CURRENCY BUT RATHER WHO CONTROLS THE AMOUNT IN CIRCULATION!!!

A gold standard will fix NOTHING and only open the door to powerful individuals buying it up, making it scarce and further manipulating the money supply and therefore the economy.

The power to print and control money circulation should be given to congress like is says in The Constitution.
Sunny Daze

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02/02/2017 01:31 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Perhaps, I am a dreamer, but I believe that if given the opportunity to reinstate the Gold Standard, that most Americans (who are now hoarding their own gold), were asked to contribute 1/10 of their wealth to (re) fill Ft Knox - They would voluntarily do it ... and it would be enough, considering how really filthy rich some americans are ... and now that KORPS have declared themselves as "individuals" they would contribute too - if they want to continue doing business in America
Anonymous Coward
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United States
02/02/2017 01:33 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Hope so, I have silver to sell.
Anonymous Coward
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United Kingdom
02/02/2017 01:37 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
China's got all the gold but go for it, see what happens rolleyes
darkwolf007

User ID: 69195067
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02/02/2017 01:38 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
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.
 Quoting: Manosteel


If Trump can rebuild Western Civilization from what Obama and his Masters did then the gold standard for U.S. currency then getting rid of the Federal Reserve Banking System as well will be of tremendous help for all Americans. Gold and silver won't rot, but perishables will, Manosteel. It's a nice thought to back our money with foodstuff, but ultimately that's a bad idea due to how fast organic foods rot.

To me, this is a hollow gesture of Trump's until he takes out the Federal Reserve Banking System. If the Federal Reserve Banking System is kicked out of the U.S. then we Americans will truly start to be able to legitimately rebuild the U.S. and go blank slate on our nation's debts as well. At least the Illuminati - Rockefeller and Rothschild side of things that is.
Conspiracy Theorist is nothing more than a derogatory title used to dismiss a critical thinker.

A time is coming when men will go mad,
and when they see someone who is not mad,
they will attack him, saying,
'You are mad; you are not like us."
-- St. Anthony The Great

Social Credit Loser here.
The Patriot Mind

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02/02/2017 01:39 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
confiscate all the gold in the world and peg the price at $40,000 Dollars per ounce.
 Quoting: Anonymous Coward 35799703


It would have to mathematically be more like 1000000 per ounce
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Anonymous Coward
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United States
02/02/2017 01:42 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
So the vatican is giving our gold back? Will they call it the Pheonix?
BRYinTX

User ID: 73481644
France
02/02/2017 01:43 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
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)]
 Quoting: Anonymous Coward 73791941


Texas is going to be the new capital of Free Earth.

stwin
 Quoting: The Comedian :D


And the world chili cook off.
 Quoting: Anonymous Coward 25738106


texas university systems also hold over $30 billion in endowments combined. texas has a $9 billion 'rainy day fund'. texas is a net tax producer...sending far more to washington that it receives. texas has it's own power grid and aquifers. and then there's the oil and gas plus related refineries. oh...and texas has the only facility in the country that assembles and dis-assembles nukes.

Last Edited by BRYinTX on 02/02/2017 01:46 PM
Anonymous Coward
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02/02/2017 01:48 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
As a matter of clarity, what got kennedy in trouble in thids are was that he ordered money to be printed and approved by congress as the constitution calls for. THIS BYPASSED THE UNCONSTITUTIONAL TO THIS DAY FED.

Boom

and the CIA look who is tossing the coin for the super bowl..

They are still in charge..

By the way papers regarding the assassination that were to be released have been sealed again this is FIFTY years later

WHO COULD BE LIVING THAT THIS WOULD EFFECT?
Baal
User ID: 72031537
Germany
02/02/2017 01:53 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
He obviously forgot about the national debt... How much gold to clear that?
South Central

User ID: 73349820
United States
02/02/2017 01:55 PM

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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
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)]
 Quoting: Anonymous Coward 73791941


Texas is going to be the new capital of Free Earth.

stwin
 Quoting: The Comedian :D


chorus
Anonymous Coward
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02/02/2017 01:58 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Gold standards means silver backed notes for America. Silver will be king. Silver was above gold in ancient Egypt. Silver is the bone of God Gold is the skin.
Anonymous Coward
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02/02/2017 02:09 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Trump did not say HE WAS GOING TO DO IT....that is not the QUOTE just a coin vendor.


Not very surprising considering his fondness for the yellow metal,
Trump is in favour of returning the US Dollar to the Gold Standard or some version of it.

In an interview with GQ last year, Donald Trump said the following when questioned about his views on the gold standard:

""Bringing back the gold standard would be very hard to do, but boy would it be wonderful.
We'd have a standard on which to base our money.
""
[link to www.coinworld.com]
 Quoting: wisc_natureboy
Anonymous Coward
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02/02/2017 02:09 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Nothing this man says ever means anything lol.

Everything is "being handled wonderfully" and "going wonderfully" and "a yuge success."

Bla bla fucking bla bla.
Anonymous Coward
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United States
02/02/2017 02:22 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Yes the gold standard would be nice and get off QE which every time they print money the valeu of the dollar goes down and in a way is a tax on us poor people. That's why prices keep going up especially when you go to the supermarket.
Anonymous Coward
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02/02/2017 02:22 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Never going to happen, gold has been too distributed and there isn't anywhere near enough of the stuff unless someone can start mass producing it. and we know exactly where that will lead.

As the global financial Ponzi breaks down, whatever system of exchange that is put in it's place, bankers corrupt it to their own advantage.

We would not be in this situation now if bankers could be trusted. Throw in stupid and corrupt governments bent regulators and you have the perfect storm... Every time. The genie is not going back in the bottle.

The well has been poisoned beyond repair. We have to go the way of every other previous civilization - EXTINCT





GLP