The most profound seismic shift in the global monetary bedrock is happening right before our eyes, and no one seems to notice or care. Eventually, they will have to.
Poster Comment:
America could go onto the gold plated lead bar standard. We let them steal the gold from Fort Knox.
#1: BTP Holdings To: Horse (#0)
China has been accumulating gold in anticipation of releasing a 40% gold backed Yuan. If that ever happens the dollar will crumble into dust since it is only backed by promises to pay.
The FED took the gold from Ft. Knox as collateral on the U.S. debt. As the debt increases, so does the value of gold. That is simple economics. ;)
BTP Holdings posted on 2022-05-03 21:19:41 Reply Private Reply