Wednesday, February 16, 2011

The Gold Standard: An Analysis of Some Recent Proposals

Metals … Energy … Agriculture … ALL BOOMING! What Do YOU Think Is Driving Commodity Prices Sky-High?
http://blog.uncommonwisdomdaily.com/metals-energy-agriculture-all-booming-what-do-you-think-is-driving-commodity-prices-sky-high-6251

333+ comments
http://blog.uncommonwisdomdaily.com/metals-energy-agriculture-all-booming-what-do-you-think-is-driving-commodity-prices-sky-high-6251#respond

Plain and simple - dollar devaluation.  In other words, the private federal reserve has created / is creating far too many dollars out of thin air.

Why the U.S. has Launched a New Financial World War -- And How the the Rest of the World Will Fight Back - By MICHAEL HUDSON
http://jnkish.blogspot.com/2010/11/quantitative-easing-and-world-war.html

Expletive Spewing Robots Expose Federal Reserve
http://jnkish.blogspot.com/2010/11/expletive-spewing-robots-expose-federal.html

Solution - We have to move immediately back to the gold standard that was abandoned in 1971.

Nixon Shock
http://en.wikipedia.org/wiki/Nixon_Shock

The Gold Standard: An Analysis of Some Recent Proposals
http://www.cato.org/pubs/pas/pa016.html