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Exactly why Trumps goal is to take down the Federal Reserve and go back to gold. Huge deal. Disgusting how and who has been running this country all these years. Everyday people need to pay more attention. We were doomed...WERE!

Its pretty much impossible to go back on to the gold standard......it wont happen anytime soon for sure.
 
Definitely. We would have to get a ton of gold to meet the money in circulation right now, which isn't feasible if I understand it right.

Yeah there is no way there is enough gold out there to cover it at current gold prices.....so what would happen is the price of gold would go insane and go from 2k a ounce to 10-15k a ounce.....it would also devalue the dollar significantly.....I am sure CR can give a better answer....
 
Yeah there is no way there is enough gold out there to cover it at current gold prices.....so what would happen is the price of gold would go insane and go from 2k a ounce to 10-15k a ounce.....it would also devalue the dollar significantly.....I am sure CR can give a better answer....
It's crazy to think 100 years ago one ounce gold coins were worth 20.00
 
Morrison testimony today suggest Sondland has some splaining to do.....thisfor those not sure why it is important is proof of Quid Pro Quo meaning Trump was withholding aid in return for a investigation...

From Morrison's statement

In preparation for my appearance today, I reviewed the statement Ambassador Taylor provided this inquiry on October 22, 2019. I can confirm that the substance of his statement, as it relates to conversations he and I had, is accurate. My recollections differ on two of the details, however. I have a slightly different recollection of my September 1, 2019 conversation with Ambassador Sondland. On page 10 of Ambassador Taylor's statement, he recounts a conversation I relayed to him regarding Ambassador Sondland's conversation with Ukrainian Presidential Advisor Yermak. Ambassador Taylor wrote: "Ambassador Sondland told Mr. Yermak that security assistance money would not come until President Zelensky committed to pursue the Burisma investigation." My recollection is that Ambassador Sondland's proposal to Mr. Yermak was that it could be sufficient if the new Ukrainian prosecutor general—not President Zelensky—would commit to pursue the Burisma investigation. I also would like to clarify that I did not meet with the Ukrainian National Security Advisor in his hotel room, as Ambassador Taylor indicated on page 11 of his statement. Instead, an NSC aide and I met with Mr. Danyliuk in the hotel's business center.
 
His statement confirming a QPQ but then saying he thinks nothing illegal happened sums up the moral degradation of the GOP.
 
Or that this happens all the time so it is a normal practice thus isn’t illegal by their measure.

I'm sure people in previous administrations ran to their superiors all the time over what was said and we just never heard about it.

Their measures also dont matter.
 
Or that this happens all the time so it is a normal practice thus isn’t illegal by their measure.

This doesn't help, but it is accurate, Trump has long done illegal unethical stuff in his business practices and was use to paying off people or getting a blind eye turned his way. Heck with the ego he has he probably doesn't think he is doing anything illegal.....to bad for him it is and now he is being held accountable.
 
So a quick question. You say is is draining the swamp. However Republicans lost their butts in 2018 and lost control of the house. For people who say he is draining the swamp does this mean yall think Republicans are what needs to be drained? Cause that's sure what happened.
Yes both Democrats and republicans.
 
Has anyone questioned their deep conviction on impeachment or no impeachment, as in asking yourself am I wrong? I sure have. We all should reflect.
 
Trump had both houses and we only got a tax cut for big business. The economy has been growing at about the same rate for the last 8years. It's all a mirage, the economy is on the verge of another recession and this time there is nothing that can be done to soften the blow. Manufacturing is down, GDP is down, the only thing keeping it going is consumer spending and that's almost all debt. The next big dip in the market will shock most consumers when their 401k disappears again and spending will stop. The bubble pops when this happens.
I got a tax cut and I'm not a big business. They are building new manufacturing plants in my area. Dips in the market are normal and have already happened. People are happy and working....People are working and spending. I'm about to build my second house in two years. Speaking of houses. Real estate is on fire. Anything that is livable sells. Any property unless it's very large and way high priced sells immediately. Trump is good for me and most people I know. He is smart and loves the country. Period. Why wouldn't he? He has thrived here and wants it to stay great. Not perfect and not a perfect plan and it's going to take a while to undo what's been done. But he will do it. Along with the patriots and American loving folks. Are you a patriot? Do you love this country? I do more than I ever have. I despise politics but it's time dig deep and know the truth.
 
Voter fraud! That's a joke right? The only people that have been drained from the swamp are in Trump's cabinet.
Are you kidding? 1.5 million people were taken off of the voter rolls in CA. That's just one example. Are you kidding. You don't think that the swamp mafia would do a thing like that? They have been caught with proof? Facts are facts. The voter fraud unit hasn't even really come out with hard facts yet. I'm suspecting that will be talked more about near election time. Why do you dislike Trump anyway? Just curious. The dems havn't done anything for you or anybody else. The fake impeachment is crap and it is fake. They just talk about it so you will think its going to happen. Sad really...The dems wanted to impeach at the beginning...it's all they have left. But it won't work. Nothing will save the corrupt. Nothing....
 
Are you kidding? 1.5 million people were taken off of the voter rolls in CA. That's just one example. Are you kidding. You don't think that the swamp mafia would do a thing like that? They have been caught with proof? Facts are facts. The voter fraud unit hasn't even really come out with hard facts yet. I'm suspecting that will be talked more about near election time. Why do you dislike Trump anyway? Just curious. The dems havn't done anything for you or anybody else. The fake impeachment is crap and it is fake. They just talk about it so you will think its going to happen. Sad really...The dems wanted to impeach at the beginning...it's all they have left. But it won't work. Nothing will save the corrupt. Nothing....
Facts are facts and you have none to back up your words
 
Yeah there is no way there is enough gold out there to cover it at current gold prices.....so what would happen is the price of gold would go insane and go from 2k a ounce to 10-15k a ounce.....it would also devalue the dollar significantly.....I am sure CR can give a better answer....
Nah, you got it right. Gold would probably need to be up at $10k/oz. Reengineering the monetary system would be quite complicated. There are a variety of schools of thought about how this could best be accomplished. One way, is to back currency with hard assets, gold being the most logical asset. Of course, that would mean the current paradigm we've been accustomed to forever of deficit spending and borrowing to oblivion would cease to exist. You could also go the domestic currency and offshore currency route. That would most likely lead to decreased purchasing power on the domestic front, though, as the domestic currency would end up devalued over time.

Either way, the gold price is eventually going much higher. It's been in a sneaky uptrend since 2015. And it's because there's no way to turn off the monetary spigot now. It's a race to the bottom for world currencies. The US just has a little more time than everyone else. But gold will benefit.
 
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