Gold is always shiny but US dollar is a ‘hyperinflated bubble’ ready to pop.

[PJL]

"“For the past 40+ years we’ve tried to remove ourselves from a gold standard, we pretended it doesn’t exist… and that failed because gold is always telling the truth… and you don’t have to trust to somebody printing up a whole bunch of money,” says Stacy Herbert."............https://www.rt.com/business/461593-s...dollar-bubble/

[Private Pickle]

Lol

[bulletbob]

"“For the past 40+ years we’ve tried to remove ourselves from a gold standard, we pretended it doesn’t exist… and that failed because gold is always telling the truth… and you don’t have to trust to somebody printing up a whole bunch of money,” says Stacy Herbert."............https://www.rt.com/business/461593-s...dollar-bubble/

again Boris you use a Russian news source that is mostly propaganda. We all know how the Russians handled the Chernobyl incident lie lie lie lie kill off the workers they were disposable .
also the usa is not using the gold standard for your information and has not for a very very long time.

http://mentalfloss.com/article/12715...-gold-standard.

[PJL]

again Boris you use a Russian news source that is mostly propaganda. We all know how the Russians handled the Chernobyl incident lie lie lie lie kill off the workers they were disposable . also the usa is not using the gold standard for your information and has not for a very very long time. http://mentalfloss.com/article/12715...-gold-standard.

No Bullet , the source is USA. The Gold Standard was only abandoned under the Nixon regime , by the the way , which was not a very long time ago at all.

[PJL]

Any and every economist worth listening to , agrees that a return to the gold standard is the only way to stabilize the global economy. The global economy is rooted without the gold standard to keep it stable.

[Tahuyaman]

No Bullet , the source is USA. The Gold Standard was only abandoned under the Nixon regime , by the the way , which was not a very long time ago at all.

Actually the US essentially abandoned the gold standard in the early 1930's. It wasn't until 1971 that all ties to the gold standard were severed.


The current economic issue is mounting debt.

[Tahuyaman]

Any and every economist worth listening to , agrees that a return to the gold standard is the only way to stabilize the global economy. The global economy is rooted without the gold standard to keep it stable.

Name one of these credible economists.

[Peter1469]

Zerohedge has an article out stating the dollar will soon be displaced as the major global reserve currency because of our sanctions, our deficit spending, and massive debt. When that happens the US will not be able to deficit spend any more. That is going to require massive cuts in government spending.

[Tahuyaman]

Zerohedge has an article out stating the dollar will soon be displaced as the major global reserve currency because of our sanctions, our deficit spending, and massive debt. When that happens the US will not be able to deficit spend any more. That is going to require massive cuts in government spending.

The US isn't the only nation with a huge debt problem.

[DGUtley]

Well.... we did it to ourselves.