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Ororeef, 13:38, I have maintained for years, in order for US to right an economic flat spin, TPTB will have to admit gold is good

Posted by macroman3 @ 14:59 on January 14, 2015  

A spin on Gordon Gecko “Greed is good”.

A theory something like this; the reason the $US is the world reserve is because we have the most gold.

Inflation is coming (not really, a ruse to defeat ravages of deflation) and we are therefore revaluing our 8048 tonnes from $42.22 to xxxx.xx (balance sheet magic) and buying as much as possible.

Bang, instant inflation and no more cheap barberous relic for China, Russia and India.

Of coarse no more Comex or TBTF banks either. Pick your poison…

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.