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iShares Silver Trust Message Board

  • MCROC43 MCROC43 Feb 16, 2011 12:07 PM Flag

    Just a Thought:

    I heard a guy say that if we want to save the dollar we need to go back to a gold standard. Then someone replied that there wasn't enough gold in the world to do that. WRONG! The existing gold and silver would have to be revalued compared to the current dollar (maybe $7,000 Gold and $500 silver) to compensate for the trillions of newly printed dollars. So, if we really want to save the dollar we need only to back it up with gold, silver, or land. Anything but AIR.

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