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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="fools_gold, post: 1076287, member: 20669"]No one has ever said now much each dollar had to be backed by gold as far as percentages go. I mean, when we had silver certificates, did that mean you could trade it in for 1oz of silver? If dollar was backed by gold, it would have to be by a crazy fraction of what we own....err.....suppose to own.....</p><p><br /></p><p>=)[/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 1076287, member: 20669"]No one has ever said now much each dollar had to be backed by gold as far as percentages go. I mean, when we had silver certificates, did that mean you could trade it in for 1oz of silver? If dollar was backed by gold, it would have to be by a crazy fraction of what we own....err.....suppose to own..... =)[/QUOTE]
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2011 GOLD high $1,500.00, SILVER high $24.00
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