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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (9534)3/5/2004 8:01:29 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
The U.S. government will pass another law making it illegal for citizens to own physical gold, while the present holders of gold will find ways to sell it to all takers.

WRONG!
Does the US govt care?
Answer: it does not care.
Why?
Beacuse the US$ is no longer backed by gold.
So....
Who gives a rat's ass?
A: No ONE

The argument of 1930 does not translate to today.
Mish