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Should we go back to the gold standard?
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<p>[QUOTE="quartertapper, post: 1754592, member: 16104"]With the volatility of PMs and gold being more of a commodity today then in 1933, I'd say it's impractical, if not impossible to put us on the gold standard. It isn't just the United States that sets pricing on gold in a global economy. Imagine changing prices in retail every time gold takes a big swing when the "sky is falling" group buys or sells a stockpile of gold when a rumor makes them overreact.[/QUOTE]</p><p><br /></p>
[QUOTE="quartertapper, post: 1754592, member: 16104"]With the volatility of PMs and gold being more of a commodity today then in 1933, I'd say it's impractical, if not impossible to put us on the gold standard. It isn't just the United States that sets pricing on gold in a global economy. Imagine changing prices in retail every time gold takes a big swing when the "sky is falling" group buys or sells a stockpile of gold when a rumor makes them overreact.[/QUOTE]
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