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homestead - Re: [Homestead] gold back currency anyone?

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  • From: bob ford <bobford79 AT yahoo.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] gold back currency anyone?
  • Date: Sun, 7 Dec 2008 18:56:56 -0800 (PST)

Your answer to the one point the blogger made below warrants this further
question. So, if a person does believe that in five, ten years, or less,
that free markets somewhere in the navigable world will be operating, then
having 'some' gold is not a terrible idea ?


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--- On Sun, 12/7/08, Clansgian AT wmconnect.com <Clansgian AT wmconnect.com>

This has in fact happened over and over through history. Gold was the
difference between Auschwitz and three meals a day in the Warsaw ghetto -
probably the most extreme example of societal break down in the last century.
>
>

And this has always happened because of the anticipation that a monetary
system would be reestablished and there would be free markets in which to
make use of the gold.








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