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RE: The Smartest Thing The President Could Do Right Now. By Gregory Mannarino

in #money5 years ago

In order to do that, the US government would need to own enough gold to back the money supply. And I mean proven, not just as a statement on a piece of paper.
I actually don't believe they have that much gold. China on the other hand, has lots of gold, I'm sure. So they would be still (or again) in advantage.