View Single Post
Old 05-15-2011, 06:58 PM   #245
Arkie
Ring of Famer
 
Arkie's Avatar
 
The f--- y'all motherf-ckas want?

Join Date: Oct 2003
Posts: 10,778
Default

Quote:
Originally Posted by alkemical View Post
May I ask a question?

What sort of "correction" would happen by switching to a gold standard in economic terms?
If the Fed backed the entire M2 money supply with all the gold reserves in the treasury, it would make gold about $35,000/oz.
Arkie is online now   Reply With Quote