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WOW.
Hard for me to imagine something more than THAT making them hate his guts.
Me?
I’m cheering myself RED-FACED..!!
Never happen
He had better do an audit of Fort Knox to see if Gold is still there.
That’s a death sentence for him. He’s going to get a good talking to for this.
He would need to hold off on this until after the US goes through bankruptcy.
Too many fiat dollars out there, if it was convertible to gold our gold would soon be gone.
They had to stop making silver coinage in the mid 60s because people were converting paper to silver at the banks.
Until they killed off the silver coins we still had real money.
I remember buying a coke for 5c and a Hershey bar for the same...now it costs almost 20x that...if we still had silver coins they would still be 5c.
Returning to the gold standard would instantly destroy our fiat currency. The FedGov could NEVER procure enough gold to back all of the nation’s currency at current value. Impossible.
Trump is showing his ignorance here.
We are blessed to have a truly great man as president today! Trump is like another George Washington. Oh how I hate the Marxocrats and the RINO skunks that do their damndest to thwart Trump’s MAGA agenda. We simply must get rid of Trump’s enemies in 2018, from both the left and the right. This is war!
The last time National Debt was Paid off and we had a Surplus, in Real Money, Gold and Silver Coin as described in Article 1, section 10 of the US Constitution, was when Andrew Jackson abolished the 2nd Central Bank.
We are gonna need a lot more gold. A lot more.
How about BitCoin instead?
Well that’s a sure fire way to crash the world economy...
In 1971 President Nixon made a terrible mistake when he made the decision to suspend the convertibility of the dollar into gold.
...
Nixon had no choice. France said they would convert all their dollars at the rigged price.
The US dollar is backed by our economy. That’s as good as it gets. Trump should continue fighting political corruption and making the economy strong. That’s the best way to have a sound dollar.
He didn't take into account the fact that the real value of the pound had declined.