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Administrator
They might more likely have been demanding the debt ceiling be raised or default. The default on the national debt might result in Treasury Bonds being cashed, like you mention - payment would not likely be in more notes.
This is what I was mentioning about the new sputtering of copper, high valence and electron density replacing gold. So the value of gold will drop fast as its glitter fades. So I keep mentioning the current Fed Asset Report showing domestic gold at $42.22/troy ounce. Gold bugs hate hearing about that; "gold back into the System" and all from the Amendments to the Bretton Woods Agreements. The paper gold (SDR's) is indeed a house of cards.
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