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Old 10-10-2005, 06:59 AM
freeman freeman is offline
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Join Date: Nov 2004
Posts: 914
Default Re: Bye, Bye Old Dollar Standard

Quote:
My point was that gold has no actual value, other than what we give it, so how does a "gold reserve" equate to real value ?
That is a good point, Shannow. Gold is simply another commodity itself, and all commodities are subject to fluctuations.
Obviously, if one major nation decided to revert to a gold standard, then what you describe is exactly the tack that the Rothschilds and others would take to undermine the process, probably one of the major reasons why the banksters hoard so much gold.
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