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Oil, Gold, and the dollar

Discussion in 'Money & Finance Forum' started by meatpile, Aug 11, 2008.

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  1. Dec 17, 2008 at 1:20 PM #11
    Wonder Woman

    Wonder Woman Full Access Member

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    I'm waiting for gold to get back up to about $900 before I put my old gold jewelry in the nearly indestructible envelope and send it off. I'm going to get paid.:banana:
     
  2. Dec 17, 2008 at 2:07 PM #12
    VA49er

    VA49er Full Access Member

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    Who has advocated going back to the gold standard?
     
  3. Dec 17, 2008 at 2:14 PM #13
    Trace

    Trace Full Access Member

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    I find it interesting to watch the markets when someone hold a press conference and what effects it has.
     
  4. Dec 17, 2008 at 2:18 PM #14
    tharan000

    tharan000 Full Access Member

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    A couple of the usual suspects around here.
     
  5. Dec 17, 2008 at 2:28 PM #15
    meatpile

    meatpile 7-9

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    IN this thread?
     
  6. Dec 17, 2008 at 2:38 PM #16
    token

    token I'm a lady

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    The gold standard doesn't work either. The dollar would be fine if we nationalized the Federal Reserve, eliminated interest on loans, and created a flat fee system. When the government loans money, they would be required to create that much actual currency. When the loans are paid back, the currency is destroyed. Fractional reserve banking is the problem. There's more debt and interest in the system than currency to pay it back. Somebody's going to lose something. It won't be the banks.
     
  7. Dec 17, 2008 at 3:40 PM #17
    jazzbluescat

    jazzbluescat superstar...yo.

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    a donkey, a virgin and an EMT
     
  8. Dec 17, 2008 at 3:55 PM #18
    meatpile

    meatpile 7-9

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    party pooper
     
  9. Jan 4, 2009 at 12:28 AM #19
    HighMaintenance

    HighMaintenance HighMaintenance

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    Down through the ages, an ounce of gold has been about equal to the

    price of a good suit.
     
  10. Jan 4, 2009 at 8:40 AM #20
    reb

    reb 1riot1reb

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    Cool, buy one get one free.
     
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