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Ace Hanlon

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Ace Hanlon

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Re: schloss_1 post# 124575

Sunday, 06/29/2003 2:13:07 PM

Sunday, June 29, 2003 2:13:07 PM

Post# of 704041
The world was on a gold standard during World War 1.

Again I am NOT predicting a return to a gold standard. Most improbable. But the current de facto dollar standard is doomed iMHO. As might be the currrent floating exchange rate system as well.

Gold seems bound to play a bigger role in whatever replaces the current dollar standard.


“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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