Date:   8/21/2007 3:04:27 PM ( 17 y ago)
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URL:   https://www.curezone.org/forums/fm.asp?i=946719

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More importantly, it is an over creation of currency (IOU's actually) that is the primary issue. Interest is a secondary issue to creation. Money from nothing is the first issue. Interest, although important, is secondary.

Politicains and banks hated the gold standard because it limited their interests.
Gold and gold backed money was a protector of free markets. Look up Greenspan's own paper on the bubject , written in 1966, titled "Gold and Eoonomic Freedom".

The gold standard is a supply standard which ties the supply of money to the ground and the law of weights and measures, costs and labor "by the sweat of the brow." Gold is controlled by true organic fundamentals, which include market demand, supply and corresponding trade value.

It is grossly undervalued at this time because shorting, leasing and the gold derivative market (paper) have made promises to deliver gold that doesn't exist. The only way that these promises can be fulfilled is for the writers of the paper to go into the market and "cover" by buying real gold. The price has been held down, artificially. These short of gold positions will start to unwind, based on recent events. Gold will break free, finally. Don't get left behind in the "hell" of the dollar aftermath. You may find yourself eating from garbage cans in the next 2 years.

Never forget the gifts of the Magi !
 

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