It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
I never understood how so many people just handed over their gold in exchange for paper but I guess that's what happens when you trust your Govt. so completely, they steal from you.
Originally posted by superman2012
The family said in its suit that in another seizure of the 1933 double eagle, the government split the proceeds with the owner after the coin sold for $7.59 million in 2002.
there is not enough gold to support the amount of currency floating around the world. going back to the gold standard will bankrupt millions of individuals. not the rich but the poor and middle classes. the economies would be utterly destroyed.
Well this guy thinks we will be back on the gold standard within 2 years.
Would that be a good thing or a bad thing? I just don't know at this point.
edit on 9/7/2012 by CaptGizmo because: (no reason given)