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Re: leifsmith post# 145697

Friday, 11/07/2014 9:22:36 AM

Friday, November 07, 2014 9:22:36 AM

Post# of 173209
leif, allow me to query you on the Swiss upcoming Vote on the Gold standard backed SWISS currancy. It is suspected that the Vote shall send GOLD to the $3500.00 ramge in short order, as this is a chain cascade event, what would the time frame be for appx be to reach that point of 3.5"K"? Agin so called Pros/Experts are suggesting a fast move up to and higher, inre, what is a fast (?) move timeframe? Just these two points will arise several questions on topic. Some say the polls are saying that the Swiss populace are getting a negative reaction to the ballot thus the Vote may not pass. I sence that the Major Swiss Banks are wiser that the Polsters and are suggesting the Vote to substantieat the validitly for the Swiss Franks. India and China are pretty much hoarding but not claiming to back their "fiat" monitaries. Would it be that they could be provoked by the Swiss todo so if the Bill passes Roster. If the cascade effect does occur, it suggests that by Histories record that a Gold standard will become a Global Wave "Tour De Force"! The idea is to BOLSTER "FIAT/PLASTIC" money, yes i know that and that is where the apprecieation value of the per ounce aspect comes into play, do you think that building stronger "fiat" currency Globally via Gold is the best economy building scenario available to move us away from global stagnation? Lastly other purveyers say that the real and supressed valuation of gold is substantially higher than the 3.5K figure, so lastly if gold does climb to these higher precipices would the confidence likely resurge, as they say in the "Fiat currencies?
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