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Old 06-24-2008, 09:49 PM
antjraf antjraf is offline
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Join Date: Jan 2008
Posts: 88
[quote=David Merrill]
Quote:
Originally Posted by antjraf


You will collapse the discrepancy between the US dollar and the Federal Reserve Note before you can get back to the first window.

That would be a nice reality check.

You need to look at the paragraph attached how gold may be brought back into the system later. I talked this over with an elderly coin/gold dealer. He finds nothing wrong with it but hopes I do not think of him should I try it.


Regards,

David Merrill.


So gold is valued in the treasury at $42.22/oz, but "Joe Schmo" can't take advantage of this until sometime in the future...maybe. It seems like redeeming lawful money will only keep the IRS from trying to collect taxes, but wont give us non-inflation purchasing power. Well, one out of two ain't bad!
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