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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (21314)	8/3/2010 10:23:56 AM
From: Wade	Read Replies (1) \| Respond to of 48092

He is talking about the concept and could be the final outcome of Federal Reserve Gold Certificate Ratio which Jim Sinclair constantly talked about. What is Federal Reserve Gold Certificate Ratio? gata.org You will find many links if you google it.

To: loantech who wrote (21314)	8/3/2010 12:33:23 PM
From: Tommaso	Read Replies (2) \| Respond to of 48092

There's not enough gold in the world for a gold standard. To get any sort of backing for world currencies, the price of gold would have to be set at something over $10,000 an ounce. Governments are not interested in rewarding gold miners and holders of bullion in that way. Although, at that price, gold from seawater would become feasible, it's hard to imagine that governments would want to divert economic activity into the production of a largely useless commodity.