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Precious metals are money and everything else is...

  1. ahrega
    91 Posts.
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    09/11/10
    07:28
    Post #: 7446549
    Precious metals are money and everything else is credit.
    Interesting thought.

    For the US alone to return to the gold standard the price of gold would need to be 6000 dollars. If China also went to a gold standard the price would need to be 9000 dollars.
    And if the rest of the world did the same?????

    Something has to give.
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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