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    Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032318 times)
    tvbcof
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    April 06, 2012, 09:38:33 PM
     #541



    Currently, the only place you would be able to find...


    ql;bdfr  (Quite Long, But Did Finally Read...and an interesting read it was.)

    Here's a thought experiment that I am playing around with:

    Seems to me that with some effort, the USD-as-global-reserve-currency might (or might not) be able to go on for some time, particularly if we take Iran's Khuzestan region.  But there will come when it is no longer sustainable.

    We (the US) are the world's gold kings at this point, particularly since there is very little chance that we will give Germany's gold back (the 'Marshal Plan' may have been a bit more involved than is typically documented in the history books me thinks.)  If we went to a 'gold standard' monetary system (which would, of course, be a transient thing) at this point, the US (and our hangers on) would on top for a while.

    The pace of gold outflow toward Asia is increasing as is native accumulation through production in Asia.  As time goes by, our 'gold advantage' dwindles.

    For this reason, a logical strategy might be to get rid of the current USD reserve currency regime in a controlled demo somewhat prematurely.  We then end up fighting the battles with more control and direction than if we try to milk the current regime until the bitter end.


    sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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