We will go back to horse driven carriage: Fratto
- Thread starter bearice
- Start date
Whats funny is that if you are republican, pro-life, or against gay marriage, the liberals would have no problem having you tied up and treated worse than animals.
I think it would be a good thing if Forex was shutdown with a return of a gold standard or something similar. Fx trading serves no purpose aside from making us some money and enriching the banks . Those FX moves are outrageous and take money from the people to put it into banker's pockets.
RE . the gold standard I am starting to short silver, but I am worried . It' s irrational maybe but I keep thinking what if Silver goes up because of a new silver standard or something along those lines? Would that be possible ?
RE . the gold standard I am starting to short silver, but I am worried . It' s irrational maybe but I keep thinking what if Silver goes up because of a new silver standard or something along those lines? Would that be possible ?
No. Forex trading existed all through the classical gold standard years. That was how the gold standard worked, actually. Look up the definition of "gold export points".
Also, not all countries were under the gold standard. The Austro-Hungarian empire, for instance, was outside it - despite all those Austrian economists, they used strictly modern methods of managing their currency via forward vs spot exchange operations.