Gold: Not as common as you might have thought

2 thoughts on “Gold: Not as common as you might have thought”

  1. It’s simple almost insignificant facts such as this that should have provided a missing link to John Maynard Keynes’ and his acolytes when he asserted and contrived a mathematical connection between the benefits of debt based consumption and the soundness of legal tender mandated fiat currency. Hypocritically – the last time the US government feared that the dollar might crash, it stole it’s citizens gold because the government (alone?) realized that the only real money is gold and silver. Fort Knox and the New York branch of the FED house the largest, or nearly the largest cache of gold on Earth. When Keynes (with the help of congress and the president) finally destroys the dollar, who do you think will still have the most REAL money?

  2. At the risk of sounding like a woman who is barely awake and still savoring her first sips of coffee, I’d guess the U.S. government will still have the most real money (aka gold), and I think that’s a good thing, since they issue our currency. Is this a trick question? Because I’m not awake enough for trick questions.

... and that's my two cents