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cbwang888 (25.33)

This is why gold should worth more than $2000/oz

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December 03, 2010 – Comments (1) | RELATED TICKERS: GLD , SLV , GDX

 

 The Fed is the junkyard. Freshly printed USD are all backed by junks.

 

 

1 Comments – Post Your Own

#1) On December 03, 2010 at 11:23 AM, chk999 (99.97) wrote:

The USD is a fiat currency. It hasn't been backed by anything since we went off the gold standard. Just like all the other currencies in the world. In spite of that, they are still used in trade every single day!

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