5 Dec 2024 10:21 am
Back in the day gold was worth 35/50 dollars per ounce and we fixed the Dollar to the price of gold we hold in our reserves.Blackvegetable » 05 Dec 2024, 11:02 am » wrote: ↑ NOOOOOOOOOOOOOOOO..
Not gold buggery! Die, you dumb ****....NOW!
To this day we officially hold more "Gold Reserves" than all other nations on this planet "Combined".
But we aqquired that gold 35 bucks an ounce & officially on the books its valued that rate each ounce.
Today an ounce of gold over 2 "large"
Its been said we could take our Gold Reserves & revalue that to Todays prices and that could back almost every single USA dollar in "circulation".
But why do that when last 50 years we learned we can just PRINT Money without much consequences