Return to Gold Standard

Russ Dalrymple

Joined: Jan 4, 2004

Posts: 3,297

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5:52p, 2/12/25

AG

Don't know how much truth there is but saw this pop up.

Definitely Big if True.

BREAKING: 🇺🇸 Officials within the Trump administration have said that President Trump is considering returning the U.S dollar back to the gold standard. This would allow U.S currency to be directly exchanged for gold.

This would be incredible in my opinion.
— ADAM (@AdameMedia) February 12, 2025

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Jeeper79

Joined: Dec 28, 2009

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5:53p, 2/12/25

AG

Where are we going to get all that gold?

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lobopride

Joined: Jul 17, 2019

Posts: 1,636

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In reply to Jeeper79 • 5:56p, 2/12/25

Jeeper79 said:
Where are we going to get all that gold?

I'll sell mine at a premium

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TomFoolery

Joined: Nov 28, 2014

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In reply to Jeeper79 • 5:57p, 2/12/25

AG

Jeeper79 said:
Where are we going to get all that gold?

There's a reason he said we are going to Mars

Average Joe

Joined: Sep 15, 2006

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5:58p, 2/12/25

AG

I'm not sure that is even possible. There isn't enough gold to cover all accounts if you included ALL the mined and unmined gold.

It would also cause deflation, constrain money supply, and weaken our defense as a country.

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