Thread: US gold reserev has not been audited since 1950?!?!
View Single Post
Old 12-04-2010, 01:31 AM  
kenny
Confirmed User
 
Industry Role:
Join Date: Mar 2002
Posts: 7,245
Quote:
Originally Posted by BIGTYMER View Post
The USD isn't backed my precious metals anymore so it doesn't matter if there is gold there or not.

Exactly its been fiat currency for a long while now
__________________
7
kenny is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote