Gold Standard Return?
https://www.cbsnews.com/news/trumps-fed-pick-judy-shelton-gold-standard-explained/
What if Trump returns the USA to the gold standard?
I’m very confident the dollar and stocks are going way up and have been since Trump’s election and hearing the Trump Prophecy.
I’m also confident that oil is going very low.
Gold? Been wishy washy on it. Haven’t envisioned a scenario that made sense that gold can go up with the dollar until now.
The Gold Standard coming back would do it…
It is possible.
Only thing that makes sense for my world view AND the price action!
If Trump do that the dollar will become the strongest currency on the planet…..it doesn’t seem to me the he wants a super-dollar….until now at least.
Trump is very strategic.
He doesn’t like to tip his hand until he has to. This nomination is definitely tipping his hand.
Concur.
But this won’t happen without a fight from the entrenched interests, favoring elastic money. All the folks dating back to Biddle and Before.
He’s also learning from his financial folks what Russia and China are doing, both with SWIFT and their gold reserves. He needs, AT LEAST, to be able to ANSWER their play, whenever they make it.
With Shelton, he’s also BEGUN the dialogue and debate, behind closed doors.
A gold standard can work but not in the hands of the government. We have clearly failed that responsibility in the past.
Notice the first image. They want to kill the Fed….
Eventually let the markets rule like they’re supposed to with sound money and a smaller government…
Politicians wanting to limit their own spending? I’ll believe that when I see it.
Trump is anti-Fed. Anti-NWO. We’re going to see something spectacular financially from him before the end of his second term…
Q-ANON, Trump Prophecy? You believe all the crazy stuff. Trump doesn’t have a clue about economics in general and global economics either. There will be no second term for him. AOC will be president.
Now that’s funny. If that were true we’d surely see the dollar die and gold to the moon!
IMO, we don’t need to back the dollar to an amount of gold, what we need is to remonetize gold by allowing it to transact in parallel with paper dollars. Any and all taxes would also have to be removed from physical gold transactions and along with modifications to the legal tender laws. This would empower the people to chose the way they save and spend.
WHAT…. ARE YOU GUYS DRINKING CHUCKS COOLAIDE OR DO YOU REALLY BELIEVE THIS Q SH!T ?
Bringing back the Gold Standard is the OPPOSITE of what Trump is asking the Fed to do
He is threatening to DUMP Powell if he doesn’t cut rates
A Gold Standard means TIGHTENING to the nth degree guys !
WTF are you thinking ?
A Gold Standard means DEFAULT on The US Debt.
No more pensions paid out….everything explodes.
Slow down and rethink this
PS
We won’t let this board disintegrate into a Q Debate.
We are the anti conspiracy gold site…remember ?
See the Mission Statement on the sidebar
This conspiracy crap is what got so many of you in hot water when Gold went parabolic but you didn’t sell.
Get a grip
Chuck You are a good dude man but this Q sh!t has you hoodwinked.
double sheesh
Sheesh !
Sorry Fully, I have to stand up on this one, The Q is real! I use to see him on Star Trek all the time!
He’s a force, Captain Picard use to have a tough time with him.
He’s well spoken and quite devious…….Kind like Trump, cunning, highly intelligent and knows economics extremely well, just ask his half dozen bankruptcy lawyers.
🙂 🙂
No, Fully. You’re missing the boat here.
The key word, from above, is “strategic”.
We’ve lived in a world of short termism, forever. Trump is “Chinese” and plays the long game.
“He is threatening to DUMP Powell if he doesn’t cut rates”
Yup … no play in this direction without a second term FIRST. Get that, and he can then turn to more difficult political challenges.
Re the gold standard … neither necessary nor sufficient.
Look up the Chicago Plan, for the better answer. No fractional reserve lending, but I have no idea how to lock that down.
AOC is only 29 and the office of the president requires 35 years of “experience”. She still won’t make it by election time 2024 unless it involves running at 34 and sworn in at 35 if my math is correct, not usually…Even socialists must abide by the time it takes the Earth to go around our Sun. All things being equal, pun intended.