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http://www.economicpolicyjournal.com/2011/08/case-for-25000-per-ounce-gold.html I came across the above link (article text below) on Robert Wenzel's site yesterday. My comments are in bold & italics. I'm hoping some people will want to address my questions or make additional comments. Gold...
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Hypothetical question : If the US Treasury/ Federal Reserve were to make an announcement saying that the US will never be returning to the gold standard (and fiat currency were permanent), and the Fed would no longer hold gold in its vaults, what would be the impact? What would be the attractiveness...
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I've been wondering for some time now why people don't currently use gold, silver, platinum, bananas, or whatever as a medium for exchange instead of dollars, euros, yen, etc. Are there laws in place forcing people to trade in dollars? There are plenty of other things available that could be...
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Hmmm.. it is becoming interesting... Well, in regards to scarcity of gold, who said it should be gold.. or gold only? It could be several metals, gold, silver, platinum.... (anything else?) I can imagine several weight units of every metal (1 gm, 5 gm, 10 gm,... etc.) and free evaluation of each metal...
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Hi all, I am a longtime reader of this website. I became interested in Austrian economics while studying for an economics degree at university. As you all well know, the standard college econ curriculum is all but useless in terms of its ability to actually inform ones opinions on the topic. Luckily...
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I think that President Obama plans to borrow more US dollars back from the Foreigners that earned the US dollars manufacturing US consumable products and then provide temporary jobs for unemployed US citizens to construct "Pork Barrel" projects, or rake leaves, or dig a hole today and then...
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Ever since the begginning of the latest school year I have really tryed to start getting into politics and what not. Economics is the hardest concept for me to understand yet. Last year I took a Civics and Economics class which didn't really teach me a thing. I've been reading this book "End...
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I have studied extensively on the subject and I could send you my article (about 800 words on the subject) if you e-mailed me to ricardo@campelodemagalhaes.eu . Basically it says Gold if President is a Bear (like LBJ, Nixon, Carter & Bush II) and invest in a Dow Jones if the President is a Bull ...
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While it is true that you hear quite a few "we will pay top dollar for your old jewelry", I also hear many, many adds for "gold line" and "leer" and assorted others selling gold...they even have the big radio voices touting how gold is going to triple in value in years and...
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Anyone ever used eBay to buy gold (or any other high-priced item)? Assuming the seller has high feedback, is there any reason to think this wouldn't be a trustworthy source? The only reason I ask is because I am a little nervous transferring over $25k to a Web site I know nothing about, like many...