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<p>[QUOTE=&quot;InfleXion, post: 1381626, member: 29012&quot;]Think of it this way. Money is debt, and debt is money. For a gold standard to be reinstated in Greece then that gold would have to represent 100% of the debt which would be a 77 fold increase (100% / 1.3% ~ 77). This illustrates the disparity between tangible assets and currency backed by nothing. If we are to get back to having a currency backed by gold then gold will need to play catchup. This is all dependent upon &quot;IF&quot;, but it seems like things are heading that direction, and powers are jockeying for position prior to that happening trying to get each other&#039;s gold. They got Libya&#039;s, now they want Greece&#039;s. I bet Italy&#039;s is in their sights too.[/QUOTE]</p><p><br /></p>

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