SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Real Man who wrote (389254)6/24/2009 7:40:11 AM
From: NucTrader  Read Replies (1) of 436258
 
You're the gold guru. One thing's bothered me about gold as a hedge against inflation and asset class. Let's say the G7 or G12 or whomever get together along with the IMF and say, we're issuing an IMF based world currency, backed by gold, at a gold value of $50 an ounce (for exaggeration). Everyone holding physical or other gold at a higher price is hosed. Currencies are debased massively (but, importantly, on a relative basis at about the same level they were trading against one another at the time the gold backed currency was issued) screwing paper money holders. Then they could reinflate again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News