GOLD 0.51% $1,391.7 gold futures

a gold standard will not work, it will always be debauched (btw...

  1. 3,107 Posts.
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    a gold standard will not work, it will always be debauched (btw would a gold standard finally compel a audit of Fort Knox....hahaha, yeah right!)

    what would work is a free and unmanipulated market in gold.....you see a gold standard sets up rules to be bypassed, loopholed, spun and outright broken.

    A free market in gold simply allows one to part with their gold for a fair and realistic price in the FIAT currency of their choosing at the time they require the FIAT (yes FIAT does have a convenience characteristic).

    The current unfree totally manipulated market forces a unfair unrealistic price in FIAT for GOLD. It is a market built on sand (well paper actually) and thus the foundations of all economies are also built on the same sand. Little wonder we now witness the consequences.....

 
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