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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (12408)10/10/2008 6:27:16 PM
From: onedrill6 Recommendations  Read Replies (2) of 50762
 
If gold is allowed to raise in price it represents a haven of safety. More folks might flock to it.
If that happened the banks (fed) would have less money in money market and fed fund accounts that are paying less then 1% interest.
If money chases the security of gold how will the fed (banks) fund themselves. It is easier to steal it from us then to print the stuff. We are dumb enough to trust the system.
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