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Gambassi · 6 december 2012, 08:34

http://goldswitzerland.com/europe-us...-to-take-root/

One of the reasons why we are not recovering from this slow motion depression is because banks are being forced to boost their capital ratios.

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This is another reason I’m against the gold standard, I think it is good to have free gold that is not controlled by any government, and instead of trying to use it as a foundation for currency which they will try to manipulate. It is better to have it as free, as a store of value and it holds public currencies to account – people can see gold rising against other currencies and that tells you something. It is the final reproach for the other currencies; it is sort of the umpire if you like. It sits there as a store of value and it goes up and down and by its movement it tells you about the other currencies. It holds governments to account. The last thing you want is gold to be concentrated in the hands of the government, who then say we have a gold standard; worst possible thing. You want gold to be completely free.

Freegold !

6 december 2012, 08:34	#2
Gambassi Parlementsvoorzitter Geregistreerd: 1 juli 2012 Locatie: Lokeren Berichten: 2.360	http://goldswitzerland.com/europe-us...-to-take-root/ One of the reasons why we are not recovering from this slow motion depression is because banks are being forced to boost their capital ratios. ********** This is another reason I’m against the gold standard, I think it is good to have free gold that is not controlled by any governmen**t, and instead of trying to use it as a foundation for currency which they will try to manipulate. It is better to have it as free, as a store of value and it holds public currencies to account – people can see gold rising against other currencies and that tells you something. It is the final reproach for the other currencies; it is sort of the umpire if you like. It sits there as a store of value and it goes up and down and by its movement it tells you about the other currencies. It holds governments to account. The last thing you want is gold to be concentrated in the hands of the government, who then say we have a gold standard; worst possible thing. You want gold to be completely free. Freegold !