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

 
karl_gerbschmidt

User ID: 71479916
United States
02/02/2017 04:43 PM
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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


I hate when people say that shit....it is not based on the quantity of gold, but on the number of dollars in the economy, it would just set an unprecedented price of $50K/ounce, we printed lots of money in the past, but God only created so much gold.

The dollar's value has lost $0.99 since 1913 due to the FED's printing and the bankers' fractional banking rules...creating money out of thin air.
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darkwolf007

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02/02/2017 04:58 PM
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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.
 Quoting: Manosteel


If Trump can rebuild Western Civilization from what Obama and his Masters did then the gold standard for U.S. currency then getting rid of the Federal Reserve Banking System as well will be of tremendous help for all Americans. Gold and silver won't rot, but perishables will, Manosteel. It's a nice thought to back our money with foodstuff, but ultimately that's a bad idea due to how fast organic foods rot.

To me, this is a hollow gesture of Trump's until he takes out the Federal Reserve Banking System. If the Federal Reserve Banking System is kicked out of the U.S. then we Americans will truly start to be able to legitimately rebuild the U.S. and go blank slate on our nation's debts as well. At least the Illuminati - Rockefeller and Rothschild side of things that is.
 Quoting: darkwolf007


Wouldn't he have to take out the Fed Res before he could even think about the Gold standard reinstatement?
 Quoting: Misspurrrrrect


With how the Federal Reserve Banks have the U.S. and even global economy, it'd be pure chaos everywhere on Earth if Trump killed off the Federal Reserve Banks first. He needs to get us on a stable form of currency first since the FRBs control our and everyone else's money completely.
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Anonymous Coward
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02/02/2017 05:05 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
According to recent calculations, silver 'SHOULD' be selling at $830 along with gold in the many thousands Got ANY, fools ??
humbird

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02/02/2017 05:13 PM
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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


trumpthis

gotta diversify...especially if you have the ability to grow your own wealth. i say include hemp in that basket as well.
 Quoting: BRYinTX


How awesome would that be, a gold/hemp basket. Trump is so full of win that he may even bring back hemp production as a USA legal crop/export!

Just fantasizing
"Aside from the small band of Forteans scattered around the world, nobody seems to notice all aspects of this phantasmagoria."
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humbird

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02/02/2017 05:16 PM
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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


Yep, I've lost a lot of respect for Ron Paul. He really does seem to be exposing himself as a fraud these days.
 Quoting: Anonymous Coward 1036664


I don't get it. I respected Ron Paul and I respect Trump. Can someone help me understand why Ron Paul doesn't support Trump?
"Aside from the small band of Forteans scattered around the world, nobody seems to notice all aspects of this phantasmagoria."
John Keel
Anonymous Coward
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02/02/2017 05:22 PM
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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
 Quoting: The Comedian :D


When the odds have been in the houses favor for so long and the game rigged so well, only a fool would go "all in" , and that doesnt matter who gets elected.

I reserve doubt for even Ron Paul, whom I have voted and campaigned for. the system is so corrupt, I dont put anything past them.

But I do give credit where it is due, and Trump surely gets credit. Start fucking up, though, and you get called on it.
DuckNCover

User ID: 73875030
United States
02/02/2017 05:46 PM

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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


there's that asteroid that has a Sh!t load in it. We just have to mine it....
Anonymous Coward
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02/02/2017 06:36 PM
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Re: Trump to reinstate the Gold Standard? Trump: "It would be wonderful"
silver standard would be more realistic. gold is just too scarce.
Anonymous Coward
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02/02/2017 06:39 PM
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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.


 Quoting: Manosteel

There is plenty of gold. It all depends on what you price Gold at. There would not be enough gold if you allowed it to stay at the artificially controlled price of $1,200 dollars an ounce.

You price it at 1 million an ounce then you are in business. And the way they keep printing dollars from thin air into oblivion, 1 million is not so crazy.
 Quoting: Anonymous Coward 61122339


yeah so then the minimum transaction is a million dollars meaning the only people who could ever even use gold would be the reserve banks (sort of how it is now). so gold would never even be seen by 99.9% of the population (the way it is now).

if you had a silver standard, then people could actually make transactions of hundreds, or thousands of dollars in silver so it would be more realistic.





GLP