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.
Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (167016)6/27/2009 10:49:50 AM
From: grampa  Read Replies (1) | Respond to of 313013
 
With the supposed intelligence of those in power just now, I wouldn't put anything past them, and trust many of our friends here on this SI to give more thoughtful comments than I expect from the decision makers.

I will not be surprised to see it happen regardless of 'common sense' and just wonder what 'we-all' think it will do to Gold prices.



To: loantech who wrote (167016)6/27/2009 1:27:05 PM
From: tyc:>  Read Replies (2) | Respond to of 313013
 
Haven't they already accomplished this by abandoning the "official" price of gold (which was $45 per ounce) and allowing the gold price to rise almost twenty-fold ?

When FDR did his deed, he increased the official price of gold. In effect he increased the amount the US government was prepared to pay to buy gold from anyone who wanted to sell it. And yet we believe there has been a conspiracy to hold down the price of gold.


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