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<p>[QUOTE=&quot;GoldFinger1969, post: 26707873, member: 73489&quot;]But we were on a gold standard back then.&nbsp; Money supply and economic expansions were tied to new supplies of gold.&nbsp; </p><p><br /></p><p>That is NOT the case today.</p><p><br /></p><p>The price of gold might go UP if alot of gold was missing from Fort Knox and there&#039;d be political repurcussions, but financially it would be pretty much a NothingBurger. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />&nbsp; Merkel&#039;s request was one of logistics.&nbsp; You just don&#039;t get hundreds of tons of gold like it&#039;s a few coins from an SDB. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>deGaulle was one big PITA...OBSESSED with Triffin&#039;s Dilemna and our alleged &quot;free ride.&quot;</p><p><br /></p><p>France could have been the global reserve financial power....they would never allow gold to leave the country AND they&#039;d never run trade deficits which is required of a reserve currency country.&nbsp; Their capital markets (for the surplus) are also too small and too illiquid to work as the flip-side of the trade deficit.[/QUOTE]</p><p><br /></p>

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