Ander's Market Theories

[AnderL]

too many people look for cycles to appear but they think that its like a memorex commercial it has to be exact. Gold to some astronomical number, confiscation of coins? Hardly.

gold has not been a common place coinage for decades. One of the reasons FDR seized gold was to prevent its use as an alternative currency amidst the collapse in faith in the US currency during the Depression. Reference Zimbabwe today. They could have resorted to seizing all foreign currencies and left their people to use Zimbabwe Dollars. The dollar has fallen 50% off its top in 1999-2000 to its recent low and people did not panic and drop support of the dollar. I believe that inflation would have to reach 20 to 30% month over month to cause concern.

But I can see it as a trade.