Free Capitalist Network - Community Archive
Mises Community Archive
An online community for fans of Austrian economics and libertarianism, featuring forums, user blogs, and more.

Search

  • Re: What would have to happen if the US wanted to back its dollars with gold?

    Two things to consider when discussing gold and silver for backing the U.S. Dollar: 1) There has not been an audit of America's Gold Reserves (a.k.a. Fort Knox) since the 1950s and the U.S. Government has refused all requests by various entities. It is strongly rumored that most/all of the gold has been lent/swapped. The Gold Anti-Trust Action Committee
    Posted to Economics Questions (Forum) by LoneStarHog on Thu, Oct 25 2007
  • Re: Gold or Silver?

    Howdy! I can only offer an opinion based upon what I personally do in the precious metals. I consider gold as my emergency insurance, much like insuring a home, car, aircraft, Harley-Davidson Hog, etc...That is: large financial commitments. I consider silver as my emergency funds for food, gas, medical, etc...That is: day-to-day expenses. That being
    Posted to Economics Questions (Forum) by LoneStarHog on Sun, Oct 21 2007
Page 1 of 1 (2 items) | More Search Options