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Zimbabwe talks of a gold standard while warning of U.S. dollar devaluation

Zimbabwe talks of a gold standard while warning of U.S. dollar devaluation

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Hankster Posted: Mon, May 16 2011 12:44 PM

Hahaha! The irony just DRIPS:

http://www.mineweb.co.za/mineweb/view/mineweb/en/page31?oid=127101&sn=Detail&pid=31

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DanielMuff replied on Mon, May 16 2011 1:18 PM

What's the over/under on Zimbabwe being invaded?

To paraphrase Marc Faber: We're all doomed, but that doesn't mean that we can't make money in the process.
Rabbi Lapin: "Let's make bricks!"
Stephan Kinsella: "Say you and I both want to make a German chocolate cake."

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James replied on Mon, May 16 2011 1:31 PM

Oh God, I thought I was safe down here...

Non bene pro toto libertas venditur auro
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Hard Rain replied on Mon, May 16 2011 1:48 PM

What's the over/under on Zimbabwe being invaded?

Highly unlikely. Their Chinese overlords would not be pleased...

"I don't believe in ghosts, sermons, or stories about money" - Rooster Cogburn, True Grit.
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Merlin replied on Mon, May 16 2011 2:20 PM

http://lolsnaps.com/upload_pic/4021.jpg

The Regression theorem is a memetic equivalent of the Theory of Evolution. To say that the former precludes the free emergence of fiat currencies makes no more sense that to hold that the latter precludes the natural emergence of multicellular organisms.
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resist272727 replied on Mon, May 16 2011 6:11 PM

I've never been more embarassed to be an American.

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