GOLD 0.51% $1,391.7 gold futures

china launching gold backed worldwide currency, page-28

  1. 62 Posts.
    lightbulb Created with Sketch. 2
    Domum,

    I am always interested in history; especially as it seems to repeat itself often. You said: "The funny thing is that whenever this has been tried before the gold backed currency has ended up collapsing and taking economies with it."

    Can you give me an example of when that happened?In my humble opinion it should be the other way around, like; "The funny thing is that whenever this has been tried before the FIAT backed currency has ended up collapsing and taking economies with it."

    Cheers

    G.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.