SELL!!
Ill buy the silver you are unimpressed with! Ill give you 18 bucks an ounce.Gold price was up to $2,200 or so ounce about couple weeks ago still hanging on, don't need money yet bought alot 35 years ago for $350 to $450. Bought alot silver too was like $8 to $10 ounce it just does not grow as fast think like $25 now not really impressed.
Little to cheap price on market is around $24 to $25 if I wanted. Thanks though.Ill buy the silver you are unimpressed with! Ill give you 18 bucks an ounce.
That would be awesomeWe need to get back to the gold standard.
Federal reserve needs to buy up ounces of gold. Then print money backed by that gold. They should never be allowed to print more gold backed dollars than they have ounces to account for.its interesting to SAY, but I cant imagine how it would or could be implemented in reality without having crazy problems... Can someone explain how it could happen?
Exactly. So we would need to go completely bankrupt and start anew.That's not possible that I know of. If the US had every ounce of gold ever mined, it would still be would be a fraction of our debt and dollars currently in circulation.
I dont imagine how it could happen where people in the know dont take advantage of it, hurting everyone else in the process, before it is made public. Youd almost have to have the US govt seize all gold in the country, keeping track of what they took from whom, and at the same time take a picture of all cyber assets and then create a new dollar system and give that back to the people in an equivalent amount of the new currency. Even that would create a HUGE mess and confusion and likely violent protest. Then if the people who had gold wanted to buy gold back, they would have to do it with their new adjusted currency and would get a lot less, but approximately equal value. With amount of 'fake' money in the system tho, price of gold would probably go to hundreds of thousands / oz and people in other countries that own gold would become much richer than US citizens, really I think its probably not possible. But its a nice pipe dream...Exactly. So we would need to go completely bankrupt and start anew.
https://stansberryresearch.com/articles/a-major-jubilee-is-coming-to-america-7Exactly. So we would need to go completely bankrupt and start anew.