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Re: The Fed is hiking rates excessively into an economy where consumer spending growth was only 1.1% in Q1. This probably won’t end well. 

By: Decomposed in POPE 5 | Recommend this post (1)
Tue, 08 May 18 6:40 AM | 47 view(s)
Boardmark this board | Pope 5 		Msg. 00748 of 62138
(This msg. is a reply to 00736 by micro)
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micro:

Re: “Or we could do a platinum standard . Even rarer than Gold, And more valuable...”

Not anymore. Platinum is $900/oz. Gold is $1,300/oz.

Platinum would not be a good choice for backing the currency. It looks too much like silver. Only an expert can tell what it is.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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Re: The Fed is hiking rates excessively into an economy where consumer spending growth was only 1.1% in Q1. This probably won�t end well.
By: micro in POPE 5
Mon, 07 May 18 10:36 PM 		Msg. 00736 of 62138

Are we back on the Gold Standard yet???

THAT would be a good first step. OUR Gold. Not everyone else's. JMO.

Or we could do a platinum standard . Even rarer than Gold, And more valuable...


ANYTHING but the DEBT standard...

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