[calex59]

I say bring back the gold standard, open up the mines in CA, which still have lots of gold in them, and set the price of US Treasury gold at an arbitrary price and keep it there. Also add silver backing to the gold. And STOP borrowing money from every other country in the world, stop spending and stop taxing Americans to death. Do away with the frickin’ welfare state.

[Frank_2001]

“open up the mines in CA, which still have lots of gold in them,”

They’re probably full of rare bats and rats that need protecting/s;)

[taxtruth]

Don’t trust the us treasury with a
penny nor the government.They have already destroyed a nation and its currency along with their buds the no federal no reserves.These people are nothing more than crooks!

[RC one]

I have a fair amount of gold and silver so I would probablydo well in such a scenario; however, there's more to think about than that. We owe so much money to foreign countries right now that if we went to a gold standard, we would quickly find our gold reserves gone. What's worse, even if we did go to a gold standard, nobody else would so we would quickly find ourselves holding a currency backed by gold that we don't have while the rest of the world continues to play with fiat currency AND while China takes possession of all of our gold. It's better to continue with fiat currency until it crashes so hard that it can't be repaired. the key, IMHO, will be managing that crash such that the rest of the world is in the car with us at the time of the big crash if you get my meaning. It's also important to look at what we have turned those worthless scraps of paper into over the years, the most powerful war machine ever assembled on earth. We should keep that in mind as we call out for a gold standard and as we look into our crystal balls at the future coming at us.

[B4Ranch]

There’s a gold miner less than ten miles from my home. It’s owned by foreigners.