Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What is your Sell strategy?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1110811, member: 26302"]I like Ron Paul for some issues, but this doesn't really make sense. Why do you wish to subject our country to the volatility of mining operations? The US economy was punished pretty severely in the past by having its currency tied to a PM. Think about it, if it is tied to say gold, what happens when suddenly a mine fails and there is a drastic shortage of new gold? I will tell you, your currency will go up in value, making it impossible to pay your mortgage that you took out in cheaper dollars, there will be rioting, etc. Read up about the 1890's and see how good of a deal this can be.</p><p><br /></p><p>People should be careful what they wish for. I agree Washington is a mess, but we should fix it by getting rid of the abusers, change the system so they aren't able to put us in debt like this, not subject our currency to an artificial limitation that would cause as much harm as good.</p><p><br /></p><p>By the way, why just PM? Because of history? Why not tie the dollar to the number of fish caught in the great lakes, or number of bales of cotton produced, or any other commodity production cycle?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1110811, member: 26302"]I like Ron Paul for some issues, but this doesn't really make sense. Why do you wish to subject our country to the volatility of mining operations? The US economy was punished pretty severely in the past by having its currency tied to a PM. Think about it, if it is tied to say gold, what happens when suddenly a mine fails and there is a drastic shortage of new gold? I will tell you, your currency will go up in value, making it impossible to pay your mortgage that you took out in cheaper dollars, there will be rioting, etc. Read up about the 1890's and see how good of a deal this can be. People should be careful what they wish for. I agree Washington is a mess, but we should fix it by getting rid of the abusers, change the system so they aren't able to put us in debt like this, not subject our currency to an artificial limitation that would cause as much harm as good. By the way, why just PM? Because of history? Why not tie the dollar to the number of fish caught in the great lakes, or number of bales of cotton produced, or any other commodity production cycle?[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What is your Sell strategy?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...