Comments on: China Calls for Gold-Linked International Monetary System http://thinktankinvesting.com/china-calls-for-gold-linked-international-monetary-system/ Investment News and Resources Wed, 28 Jul 2010 09:35:30 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Tbird http://thinktankinvesting.com/china-calls-for-gold-linked-international-monetary-system/comment-page-1/#comment-156 Tbird Wed, 27 May 2009 16:00:37 +0000 http://thinktankinvesting.com/?p=387#comment-156 I tend to agree with Cary. Going back to a gold standard is just NOT feasible, in fact, its completely out of the question. I tend to agree with Cary. Going back to a gold standard is just NOT feasible, in fact, its completely out of the question.

]]> By: Cary http://thinktankinvesting.com/china-calls-for-gold-linked-international-monetary-system/comment-page-1/#comment-154 Cary Wed, 27 May 2009 06:35:15 +0000 http://thinktankinvesting.com/?p=387#comment-154 I think that a gold back currency.. although tempting, and what the forefathers alway wanted.. would be a wrong move in todays times.. it would be very devastating to the world economy to have to adjust so far away from where we are currently.. I'm not saying that I'm not FOR the idea, but it would be a SEVERE blow to the world economy, and there would be HUGE riots and those types of things that would take place if we were to just by the stroke of a pen go back to a gold backed currency. IMO it's best to leave gold alone, and leave it to investors who really understand what's going on, to invest in, and profit from, and leave the sheeple alone to watch American Idol, and Dancing with the Stars :-) I think that a gold back currency.. although tempting, and what the forefathers alway wanted.. would be a wrong move in todays times.. it would be very devastating to the world economy to have to adjust so far away from where we are currently..

I’m not saying that I’m not FOR the idea, but it would be a SEVERE blow to the world economy, and there would be HUGE riots and those types of things that would take place if we were to just by the stroke of a pen go back to a gold backed currency.

IMO it’s best to leave gold alone, and leave it to investors who really understand what’s going on, to invest in, and profit from, and leave the sheeple alone to watch American Idol, and Dancing with the Stars :-)

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