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<p>[QUOTE="phubanks, post: 832755, member: 23286"]i have also read that if the US decided to go back to a gold standard</p><p><br /></p><p>it would have to raise the price of gold to something like $8,000 an ounce to be able to back every dollar</p><p><br /></p><p>i am not sure if these numbers are exactly right ??? but it is an interesting thought.[/QUOTE]</p><p><br /></p>
[QUOTE="phubanks, post: 832755, member: 23286"]i have also read that if the US decided to go back to a gold standard it would have to raise the price of gold to something like $8,000 an ounce to be able to back every dollar i am not sure if these numbers are exactly right ??? but it is an interesting thought.[/QUOTE]
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