Home Forums Hunting & Shooting Hunter's Campfire Germany Will Rescue The Euro Under Condition Debt Backed With Gold

Putting another small band-aid on a ruptured aorta...

At some point, the body WILL bleed out.. Band-aids ain't gonna stop it..

Flacking for Russia Today again.

If you can suggest a way to watch The (Max) Keiser Report without watching it on the network that carries it, I'm all ears.

The good old USA is about to face the next in a series of quantitative easments. It won't take long for the announcement that the Amero will save us.... and them.

However it goes down, the governments of the world have every intention of continuing to play tiddly winks with the banksters and pushing things towards the ultimate goal, one world currency.

Not even gold could save the euro now. No more than it could save the dollar.
Fictional currencies do precisely what they were designed to do, there's no way around that.

Between now and then, giving Germany their gold is going to make Germany very powerful in the world's markets.

Yep, and the sudden demand for gold as debt collateral to Germany will boost the price.

Yup, one world currency and one world government.

Good thing I'm an old man. By the time we are done with this world of ours even Hell will look like a fun filled vacation.

Gold.

It always comes back to gold. You would think that people in this nation would take that as an indicator of something.

Russia Today, Iran's Press TV, Al-Jazeera and the Huffington Post.

Yeah, he's your kind of guy, all right.

Sadly many Americans don't care as long as the cable tv and lights are still on.

Keiser is a critic of the banking establishment, and a free market and sound money advocate, which is why the establishment MSM in the US has no interest in him. Folks like that have to get whatever alternative access they can arrange. While the banker controlled US MSM blacks out this sort of view, the banking establishment doesn't have that sort of control over the outlets you listed. Certain kinds of information just cannot be had through the US MSM, nor the MSM in any nation dominated by the banking establishment.

Dang, I guess I had better stop reading the Irish Times.

Naa.
We'd be totally lost and completely doomed without central banks and their currency issue.

You silly, silly man....

In other words, the Euro is toast.

in today's world, Gold is not the answer. There is not enough of it to go around. Unless you want to value it (artificially mind you) at around $50K per ounce, it is useless for backing currency any more.

That's just pure nonsense. There is nothing better for backing currencies, and unbacked currencies always eventually fail.

That said, I'm not one of those who advocate governments backing their currencies with gold. I much prefer merely getting government out of the business of money. Money ought to be a factor of private markets. All government has to do it step out of the way. The only reason gold and silver are not currently being used as money today is because the government has lined up a series of legal impediments to its use. This fact alone proves the worthiness of gold and silver as money, otherwise such legal impediments wouldn't be necessary to stop their use as money.