18 Oct 2014 6:53 pm
I don't necessarily think it needs to be gold, but what value does paper have, backed only by consensual agreement that it has any value at all or a value awarded it by the whims of market strategists playing with stock and commodity prices? A value that can be manipulated by those with the resources to manipulate it?tharock220 » 18 Oct 2014 6:39 pm » wrote: i don't want to trade gold for paper.
I neither. I'm just rational about what commodity backed currency means in the current world.
How long can we stand on a cloud? There's gonna come a reckoning.