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<p>[QUOTE="medoraman, post: 1605552, member: 26302"]I just think people need to stop and look at the value of US real estate holdings, and future value of taxes collected from the US. THAT is what backs the USD, not a trivial amount of gold.</p><p><br /></p><p>YES, I have screamed from the rooftops that we need to lower spending, that all levels of government spend too much, but that doesn't change the facts that our Ft Knox asset is effectively trivial nowadays.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1605552, member: 26302"]I just think people need to stop and look at the value of US real estate holdings, and future value of taxes collected from the US. THAT is what backs the USD, not a trivial amount of gold. YES, I have screamed from the rooftops that we need to lower spending, that all levels of government spend too much, but that doesn't change the facts that our Ft Knox asset is effectively trivial nowadays.[/QUOTE]
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