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To: TexasFreeper2009

America could go back on a Gold Standard tomorrow - Gold would simply rise to somewhere north of 15000 dollars/oz.

(Note: I am not saying a Gold Standard is a good idea, I’m just saying its perfectly possible)


16 posted on 06/05/2011 10:45:30 PM PDT by agere_contra ("Debt is the foundation of destruction" : Sarah Palin.)
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To: agere_contra
Be careful what you wish for.
Going back to the Gold Standard could also mean going back to prohibiting Citizens from owning Gold Bullion.
And when that happens you will only receive the amount that the Government tells you they will pay for it.
Just like the last time.
17 posted on 06/06/2011 4:49:00 AM PDT by Falcon4.0
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