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

To: DrBill who wrote (31225)	9/10/2011 6:35:52 PM
From: Tommaso	1 Recommendation Respond to of 48092

As I just posted elsewhere: >>>The US Dollar was once backed entirely by gold, thus earning the term "greenback."<<< Anyone who would write that is so totally ignorant of monetary history that nothing else that person says can be trusted. Lazy, too. Just look up greenback on Wikipedia: The largest amount of greenbacks outstanding at any one time was calculated as $447,300,203.10. [14] The Union's reliance on expanding the circulation of greenbacks eventually ended with the emission of Interest Bearing and Compound Interest Treasury Notes, and the passage of the National Banking Act. However, the end of the war found the greenbacks trading for only roughly half of their nominal value in gold. [2]