Return to gold standard..........Gold Commission to become offical part of RNC policy (Ron Paul, Congress)

[KUchief25]

Well this is the best news I've heard this election season so far.

The gold standard has returned to mainstream U.S. politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy.
[RIGHT]Comstock Images | Getty Images[/RIGHT]
Drafts of the party platform, which it will adopt at a convention in Tampa Bay, Florida, next week, call for an audit of Federal Reserve monetary policy and a commission to look at restoring the link between the dollar and gold. The move shows how five years of easy monetary policy — and the efforts of congressman Ron Paul — have made the once-fringe idea of returning to gold-as-money a legitimate part of Republican debate.







Republicans Eye Return to Gold Standard* - US Business News - CNBC

[ambient]

Good luck... this will never happen. There is a good reason why we left the gold standard in the first place, a reason that still prevails: wealthy, influential people benefit from it. And everyone knows that those with money tend to make the rules.

[KUchief25]

Luck will be needed. At least maybe it will wake some up.

[mattee01]

Originally Posted by ambient

Good luck... this will never happen. There is a good reason why we left the gold standard in the first place, a reason that still prevails: wealthy, influential people benefit from it. And everyone knows that those with money tend to make the rules.

If that's the case, would kinda make you think the standard be around. The wealthy usually pull the strings, so why would they have allowed it to be taken away if it was so great for them?

[lifelongMOgal]

Time to audit the inventory of Ft. Knox.

Gold standard is not necessarily the way to go as it allows the federal goverment to fix the price of gold and it does give a substantial advantage to the uber-wealthy (top 10% of the 1%).

Parallel currency systems, in multiple precious metals (gold, silver, copper), are already in existence. (See ACOS, Free Lakota Bank, and others) These can already be participated in and allows The Fed to be ignored. In the long run, ignoring The Fed may be a more stable route and means to insure long-term free markets than ending The Fed. Do we really want a repeat of what FDR & Nixon did to gold and the real wealth of this nation?


Ron Paul's Last Attempt To Avoid Dollar Collapse - YouTube


ETA: Think about history and the assasinations of those POTUSs or world leaders (immediate recent history) who attempted to ditch the central banks.

[ambient]

Originally Posted by mattee01

If that's the case, would kinda make you think the standard be around. The wealthy usually pull the strings, so why would they have allowed it to be taken away if it was so great for them?

I said the opposite of what you think I did.

[TrapperJohn]

Originally Posted by KUchief25

Luck will be needed. At least maybe it will wake some up.

And a lot more gold.

[Bideshi]

Originally Posted by TrapperJohn

And a lot more gold.

A lot more gold. The Chinese are buying as fast as they can. Based on gold holdings, we will not be an especially wealthy nation compared to some others, even if we actually have the gold the government claims that we have. A thorough audit is needed.

[cw30000]

Gold standard or paper standard does not make a different as long as there is a central that can maniplates the money supply.

The first step is get rid of federal power to print. It seem like their policy is print on good time, print more on bad time.

[chielgirl]

That ship has sailed.

Is this another plank in the 1850s schooner that is the GOP?