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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (5729)4/1/2008 9:28:26 AM
From: NucTrader  Read Replies (2) of 71402
 
Theoretical question for ya. I accumulate or own a lot of the yellow metal (Fort Knox, which in reality may be empty, of course). USA is first in the world to return to the gold standard. $2,000 USD per ounce. That would make a lot of our debt around the world relatively worthless, provided of course we had ample gold reserves to back up such an exchange rate?
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