I think he was scammed, doesnt mean its not his fault. You really think he stole them himself ?
Rickards is a good guy, not too extreme to believe in absolutes and not too silly to believe in politics like the majority of economists
Jim Rickards @JamesGRickards Apr 6
Did #Obama write letter saying certain debt was sound because it was "backed by...gold"? Yes. Ch 8, #TheDeathOfMoney.
http://amzn.to/1bwpYS6 Don't be silly, the USD is backed by the gold in fort knox.
fort knox only covers dollar value if you rate each ounce at something silly like $10,000
What that would mean is people are massively less rich then they thought. Even if they had owned alot of dollars which you say are legitimately backed, its adding up to alot less when buying goods then now. What would be more sensible is to restructure or default on some of the dollars spent or planned to be spent by gov