tag:blogger.com,1999:blog-53246864840716464.post8504033180718638652..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Fiat Currencies May be Replaced by Gold StandardUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-53246864840716464.post-2422388606977163952010-01-14T23:48:54.735-08:002010-01-14T23:48:54.735-08:00What about gold exactly makes it valuable other th...What about gold exactly makes it valuable other than people saying so? To answer my own question, nothing. Hmm, what do you call a trade medium that's valuable only because of others' good faith? Fiat? Oh, how very interesting...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-56301567605828128382009-09-04T02:40:50.405-07:002009-09-04T02:40:50.405-07:00Hello
This is an great article regarding the Gold ...Hello<br />This is an great article regarding the Gold and the fear in people of replacement in Fiat currency. Must post another like this.Web Design Services UKhttp://www.galvtechnologies.com/noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-85151691992405510082009-08-21T02:56:36.715-07:002009-08-21T02:56:36.715-07:00Excellent post. I’m actually surprised the use of ...Excellent post. I’m actually surprised the use of blogs and wikis isn’t higher.Family Travel Resortshttp://cheaptravelresorts.us/noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-11079902825656643052009-07-10T01:41:49.752-07:002009-07-10T01:41:49.752-07:00Some excellent ideas here and I get a good informa...Some excellent ideas here and I get a good information for gold standard. Thank you very much and all the best in future <br /><a href="http://www.youtube.com/watch?v=3P5oEnKMysQ" rel="nofollow">Watch a free video on Gold IRA.</a>Gold IRAhttp://www.youtube.com/watch?v=3P5oEnKMysQnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-2296002069776006422009-04-10T17:15:00.000-07:002009-04-10T17:15:00.000-07:00It’s one thing to say that Honest Money will be re...It’s one thing to say that Honest Money will be re-instituted or re-introduced.<BR/><BR/>It’s quite Another thing however to allow gold to continue to be derivatisable,<BR/><BR/>Washington blog? So that should read “derivatizable”, I suppose.<BR/><BR/>Only USD or EUR - oil relationship?<BR/>Thursday, March 13, 2008<BR/>http://knowledgeperson.blogspot.com/2008/03/only-usd-or-eur-oil-relationship.html<BR/>SNIP<BR/>The secret to all of this is in the "Legal Tender laws". Allowing gold to be used as a Legal Tender,,,, "for the settlement of all debts public and private",, but changing international law such that no form of debt can force it's payment in gold! This opens a one way street for gold and a two way street in fiat currencies. No one will lend gold because they cannot force it's return in the courts, thereby making gold a physical only international currency. Yet, on the other hand, we all must borrow in this modern world and currencies will be the only avenue for this. Creating a demand (and added value) for them in addition to general use demand.<BR/>The first thought many will have is that everyone will just buy gold to make debt payments, driving out fiat currencies. But remember, if you have debts they will be in currency settlement only. One will weigh the cheapest form for repayment! Gold in this atmosphere will be completely free to trade, become extremely expensive and stay that way. Not to mention that it's sale as a commodity (outside it's money use) on the private level will be well taxed.Ivo Cerckelhttps://www.blogger.com/profile/08872010074153913109noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-46673278243704637332009-04-10T08:00:00.000-07:002009-04-10T08:00:00.000-07:00Many who refer to Yves Smith's stellar work at Nak...Many who refer to Yves Smith's stellar work at Naked Capitalism still do not realize that Yves is a woman. So, that would be Ms. Smith, not Mr. Smith referenced in your post.salmonrisinghttps://www.blogger.com/profile/01801035583482911909noreply@blogger.com