Godlike Productions - Discussion Forum
Users Online Now: 2,049 (Who's On?)Visitors Today: 465,306
Pageviews Today: 786,975Threads Today: 338Posts Today: 5,133
10:14 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Trump to reinstate the Gold Standard? Trump: "It would be wonderful"

 
wisc_natureboy
Offer Upgrade

User ID: 41912531
Canada
02/02/2017 10:39 AM
Report Abusive Post
Report Copyright Violation
Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Not very surprising considering his fondness for the yellow metal,
Trump is in favour of returning the US Dollar to the Gold Standard or some version of it.

In an interview with GQ last year, Donald Trump said the following when questioned about his views on the gold standard:

""Bringing back the gold standard would be very hard to do, but boy would it be wonderful.
We'd have a standard on which to base our money.
""
[link to www.coinworld.com]
We all breathe the same air.
.-.. --- ...- . / .- .-.. .-..
Anonymous Coward
User ID: 35799703
United States
02/02/2017 10:43 AM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
confiscate all the gold in the world and peg the price at $40,000 Dollars per ounce.
wisc_natureboy  (OP)

User ID: 41912531
Canada
02/02/2017 11:26 AM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
He is not the only one:

"Trump may not be alone in his interest in returning the U.S. to the gold standard. Some of Trump's biggest campaign rivals, including Ted Cruz, Mike Huckabee, and Ben Carson, have all implied some degree of support for the gold standard, with Cruz being the clear top supporter among these three."
[link to www.fool.com (secure)]
We all breathe the same air.
.-.. --- ...- . / .- .-.. .-..
Anonymous Coward
User ID: 58820811
Canada
02/02/2017 11:28 AM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
That's why JFK got assassinated
Anonymous Coward
User ID: 69439262
United States
02/02/2017 11:46 AM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
That's why JFK got assassinated
 Quoting: Anonymous Coward 58820811


After he died, they stamped his image on a silver coin to mock him.

One of the first things LBJ did was get rid of the silver certificates and slowly remove silver from coins.
Sleeping Giant

User ID: 543618
United States
02/02/2017 11:56 AM

Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Hey buddy

hi

Last Edited by Sleeping Giant on 02/02/2017 11:56 AM
Wake up, oh sleeper, and rise from the dead, and Christ will shine on you
Anonymous Coward
User ID: 73860323
Mexico
02/02/2017 11:57 AM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Except there is not gold anymore to back up money !!
Anonymous Coward
User ID: 68818420
United States
02/02/2017 12:01 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Also consistent with the slap to Andrew Jackson. They placed his likeness on the $20 bill in response to his opposition of a renewal of the federal bank charter. "In your face" seems to be a consistent pattern of the global banking cartel. I wonder who will be next?
Anonymous Coward
User ID: 33414561
United States
02/02/2017 12:02 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
and yet Ron Paul STILL despises President Trump.

Ah, Ron, you're revealed as a charlatan extraordinaire!
Anonymous Coward
User ID: 73882362
United States
02/02/2017 12:02 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
A flatout gold standard, would be stupid. A resource basket, of gold, silver, iron, copper, corn, wheat, and coal, would be the best bet.
Anonymous Coward
User ID: 73882362
United States
02/02/2017 12:02 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
and yet Ron Paul STILL despises President Trump.

Ah, Ron, you're revealed as a charlatan extraordinaire!
 Quoting: Anonymous Coward 33414561


HIs son is an open borders globalist.
Anonymous Coward
User ID: 72519893
United States
02/02/2017 12:06 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
How can the gold standard exist when Fort Knox is likely empty?

Trump has more gold in penthouse than the U.S. government has on hand.
Anonymous Coward
User ID: 30194358
United States
02/02/2017 12:08 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
confiscate all the gold in the world and peg the price at $40,000 Dollars per ounce.
 Quoting: Anonymous Coward 35799703


Better sink it into something fast before that relative value disappears in hyperinflation of the dollar.
Anonymous Coward
User ID: 30194358
United States
02/02/2017 12:09 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Except there is not gold anymore to back up money !!
 Quoting: Anonymous Coward 73860323


Prices would adjust to physical quantity available for trade. Governments and banks love using credit as currency because they can manufacture as much as they want, counterfeiting labor of the people.
Anonymous Coward
User ID: 22689608
United States
02/02/2017 12:09 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
What could this do to iran
Anonymous Coward
User ID: 30194358
United States
02/02/2017 12:11 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
A flatout gold standard, would be stupid. A resource basket, of gold, silver, iron, copper, corn, wheat, and coal, would be the best bet.
 Quoting: Anonymous Coward 73882362


Probably something like an organic online trading system relating all prices of commodities in terms of one another or gold, or silver.

But what they'll most likely do is switch to the SDR (special drawing right) that is a basket of national currencies and gold

Dollar 20%
Pound 20%
Yen 20%
Yuan 20%
Gold 20%

That would devalue the existing dollar by about 75%
Anonymous Coward
User ID: 35799703
United States
02/02/2017 12:12 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
What could this do to iran
 Quoting: Anonymous Coward 22689608


nothing much. Iran has a boat-load of Swiss Francs that Obama gave them.
Manosteel

User ID: 73136673
United States
02/02/2017 12:18 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
I am not convinced that returning to a gold standard will fix anything. I just don't quite understand what they think it will accomplish.

yes...we do need to have something to back the currency but there is just not enough gold to do the job I am afraid.

Maybe we should back currency with something people actually "need"....grains...potatoes...can I get some love for tomatoes?

Gold is ...at this point in time...a frivolous thing...vanity....There are some practical uses for it in computer technology and aero space applications...but for the most part ...it is a shiny metal that is easy to work with...that's it.

If I had to pick a "thing" that should be the spine of modern civilization...I would say it is energy. Whether it be oil or coal or nuclear....that is what drives civilization forward....energy.
Only idiots hate facts
Anonymous Coward
User ID: 29353008
United States
02/02/2017 12:21 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Except there is not gold anymore to back up money !!
 Quoting: Anonymous Coward 73860323


Chinese have it?
Anonymous Coward
User ID: 70539980
United States
02/02/2017 12:24 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Except there is not gold anymore to back up money !!
 Quoting: Anonymous Coward 73860323


Chinese have it?
 Quoting: History Lion


einstein-duh11
Anonymous Coward
User ID: 70732489
United States
02/02/2017 12:25 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
That's why JFK got assassinated
 Quoting: Anonymous Coward 58820811


EXACTLY
TheToolMan

User ID: 71489331
United States
02/02/2017 12:25 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
tooltimelaughing
"My mom said the only reason men are alive is for lawn care and vehicle maintenance."
Anonymous Coward
User ID: 35676288
United States
02/02/2017 12:27 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
...../breath of fresh air


but be warned. We will face a speed bump in currencies, trade, markets, but bankers would be kicked, federal reserve shut down, IRS shut down, and a $1 bill means I owe you a $1 gold!

Its like taking a bandaid off a wound. it needs to be done so we can finish healing.
Anonymous Coward
User ID: 35676288
United States
02/02/2017 12:29 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Man thinking about this further, other countries will collapse. They will need to change too. No more bubbles, no more "IOUs", no more credit default swaps, no more monkey business. Inside trading would even get a bitch slap.
Anonymous Coward
User ID: 1567170
United States
02/02/2017 12:30 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
confiscate all the gold in the world and peg the price at $40,000 Dollars per ounce.
 Quoting: Anonymous Coward 35799703


Good Idea, Lets go start wars in other countries for gold like we did for oil.
Anonymous Coward
User ID: 35676288
United States
02/02/2017 12:30 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
No more bailouts, no more "aid" to 2nd, 3rd, world countries. No more "swoosh"...$600billion vanished.
Anonymous Coward
User ID: 68497662
United States
02/02/2017 12:31 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Good for Texas, and the U of Texas that bought 750M worth of gold years ago
Anonymous Coward
User ID: 73791941
United States
02/02/2017 12:42 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Good for Texas, and the U of Texas that bought 750M worth of gold years ago
 Quoting: Anonymous Coward 68497662


and is opening its own gold depository lol
[link to www.texastribune.org (secure)]
The Comedian :D

User ID: 71008365
United States
02/02/2017 12:45 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
How are all you AC shills feeling?
You know, you fucking assholes who held on to your fantasy of Trump being an NWO shill, or Soros shill.

You doing OK?

Feeling stupid?
Suicidal?

Go with it.

lolatu
Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits

‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense

[link to www.godlikeproductions.com]

"Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole

Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
The Comedian :D

User ID: 71008365
United States
02/02/2017 12:45 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
Good for Texas, and the U of Texas that bought 750M worth of gold years ago
 Quoting: Anonymous Coward 68497662


and is opening its own gold depository lol
[link to www.texastribune.org (secure)]
 Quoting: Anonymous Coward 73791941


Texas is going to be the new capital of Free Earth.

stwin
Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits

‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense

[link to www.godlikeproductions.com]

"Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole

Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
Anonymous Coward
User ID: 73438976
United States
02/02/2017 12:46 PM
Report Abusive Post
Report Copyright Violation
Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
That's why JFK got assassinated
 Quoting: Anonymous Coward 58820811


^^^THIS^^^





GLP