Message:

<p>[QUOTE=&quot;Blaubart, post: 2374049, member: 37498&quot;]I find that most people who do support currency being backed by physical precious metals don&#039;t fully understand where the things that our government owns comes from.&nbsp; If we were to do so, our government would need to procure at least $1.2 trillion worth of precious metals, just to cover the physical currency in circulation.&nbsp; That doesn&#039;t include digital money held in accounts.&nbsp; Guess how such a procurement would be funded?</p><p><br /></p><p>If things ever got bad enough that we couldn&#039;t simply &quot;buy&quot; gold using our dollars and instead had to redeem our dollars through the government in exchange for those precious metals, does anyone really think those precious metals would still be on hand?[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in