heads up-butts down
Sr Site Supporter
- Apr 1, 2014
- Reaction score
- on the low side of corporate Oregon
Yeah but the US Tresury stamps out a specie of gold coin which is denominated as $50, so in a sense the treasury is saying $50 = spot price of the day, so to me gold is relevant in this matter. But, maybe not, maybe some other fiat is better based than the mighty dollar, naw just kidding.Valuing gold based on debt is a false premise as the debt is overvalued to begin with.
No one loaned us 19 trillion dollars worth of gold in the first place.
Yeah Muja, I found out the other day that the US Tresury has been stamping gold coin and was awww stuck as I never knew or I would have had some of those long ago......Now? Now I am on the hunt for the waskely things and I know right were they are at......Dammm, I justs gots to gets me somes.