And how will the USA solve her (8-trillion dollar & counting) debt?
Have you noticed that gold has come back because the dollar is weakening with each passing day?
And did you know that the USA does not have much gold to speak of since she has sold most of it a while ago while erroneously convinced that gold is a "barbaric relic"?
And did you know that the USA has been putting off requests to reveal how much gold she still has at Fort Knox? No one seems to know what audit, if any, has been done of this gold, if I am not mistaken.
Meanwhile, other countries like Russia, China, India and even some European countries are stockpiling gold!
BTW, in the early 1930s, Roosevelt made it illegal for Americans to possess gold and, on August 15, 1971, Richard Nixon announced that America would no longer honor conversion of dollars for gold (Bretton Woods Treaty).
Looks like the USA sun is setting! Of course, as with past civilizations and empires, the initial decline is quite imperceptible. Who knows what the big picture will be in, say, 40 to 50 years from now?
digitalnpq.org
. |
