"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Overstock Stockpiled Gold In Case Of Economic Collapse
Submitted by TheMPP on Tue, 2015-11-03 02:00
Proponents of gold contend that the U.S. dollar is essentially worthless because it has not been backed by gold since 1971. Their concern is that the dollar will collapse and drive the international banking and economic system into chaos. When that happens, the theory goes, gold, silver and precious metals will become the only currency of value.
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