All You Need To Know About The Gold Standard | Metals Mine

  • All You Need To Know About The Gold Standard

    From forbes.com

    Most people seem to find topics in monetary economics extremely difficult and confusing. I think this is because, somewhere along the line, they decided, or were taught, that they were extremely difficult and confusing, so they just stick their fingers in their ears and go "gaaaaa" whenever the topic comes up. In other words, they don't even attempt to think about it. There are some topics where this is a reasonable response. There is really not much chance that I would be able to meaningfully follow a discussion about aeronautic engineering, or whatever it is that makes wifi work, without years of ... (full story)

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auricforecas
Jul 14, 2019 7:57am — Edited
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Holly... another excellent article from FORBES (I was afraid they would be too political, but this article is excellent, I have been Forbes fan for at least 15 years...), at least from my perspective... The question now is, who will GO back to the gold standard? Russia, China (and Turkey somewhat) working (hard) on it already... Trump seems to be flirting with the idea but the power that he assumed is not the power he envisioned (pretty much central command as in RU in CN). I personally LOVE the gold standard. It would combine my two loves into one... Love for GOLD and LOVE for (gold backed) CASH

And P.S. Should any country be really willing to back to gold standard, do you think they would publicise it now? But hint's are in the Countries piling up gold chart

https://www.gold.org/goldhub/data/mo...ank-statistics
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