Sandman77 Posted September 17, 2012 Share Posted September 17, 2012 Last week I read an articel , that the American note bank federal recerve maybe plan to connect the dollar to the gold price, does this already happen in the past? Sent from my iPhone using ThaiVisa app Link to comment Share on other sites More sharing options...
yoshiwara Posted September 17, 2012 Share Posted September 17, 2012 more likely saw it in a dream. If you want to link the performance of gold to a currency the Euro is your pal. Not quite what you had in mind, but hey ho. Link to comment Share on other sites More sharing options...
chainarong Posted September 18, 2012 Share Posted September 18, 2012 Gold used to set the standard, then we went to paper, Hard to figure out what would happen if the Dollar is coupled back to gold , all I know it wont happen in my life time . Link to comment Share on other sites More sharing options...
12DrinkMore Posted September 18, 2012 Share Posted September 18, 2012 (edited) Gold used to set the standard, then we went to paper, Hard to figure out what would happen if the Dollar is coupled back to gold , all I know it wont happen in my life time . That is all anybody needs to know. It won't happen, ever. Even on a gold standard it was still just a belief that the government could exchange a USD for some amount of gold. It never could, there was and will always be more money created by the commercial banks than any physical commodity could support. Edited September 18, 2012 by 12DrinkMore Link to comment Share on other sites More sharing options...
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