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<p>[QUOTE=&quot;Cloudsweeper99, post: 1087705, member: 3011&quot;]You fit a lot of internet cliches into one post.&nbsp; &quot;Paper is only the ghost of money,&quot; &quot;Gold and Silver is the only money allowed by our Constitution,&quot;&nbsp; references to Weimar, &quot;USS Titanic,&quot; &quot;Federal Reserve is as federal as Federal Express, etc...</p><p><br /></p><p>Well, the Federal Reserve is a creation of Congress and exists only with their permission. The Constitution gives the government the power to borrow without stating what, so borrowing Federal Reserve Notes is probably Constitutional.&nbsp; The economy is largely electronic now, not paper, so maybe you need to coin a new phrase such as, &quot;Electrons are only the ghost of money.&quot;&nbsp; Weimar was a special case that may or may not apply to the US.&nbsp; Time will tell.&nbsp; Central banking is a lot more sophisticated now than it was 90 years ago.</p><p><br /></p><p>Most importantly, you should recognize that much of what you say dates back to the late 70s when a lot of folks held gold and silver for the same reasons you state.&nbsp; They lost a tremendous amount of money and didn&#039;t regain it for almost 30 years.&nbsp; Gold and silver are not buy and hold forever investments, and a lot of people have gone broke betting against the USA.[/QUOTE]</p><p><br /></p>

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