Ferguson "QE will fail, and gold will be revalued"

[Large Sarge]

http://www.silverdoctors.com/the-doc-t-ferguson-qe%E2%88%9E-will-fail-bernanke-will-move-on-to-gold-revaluation/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+Silverdoctors+%28SilverDoctor s%29

[madfranks]

I don't see the gold standard being reinstated as long as the current government and the fed exist. Their ultimate goal was met with the 100% adoption of fiat currency, they won't give that up as long as they stand.

[Libertarian_Guard]

"We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon."

Robert H. Hemphill, 1936 (Credit Manager of Federal Reserve Bank, Atlanta, Ga.)

[1970 silver art]

I don't see the gold standard being reinstated as long as the current government and the fed exist. Their ultimate goal was met with the 100% adoption of fiat currency, they won't give that up as long as they stand.

The gold standard would just get in the way of the Fed and the current out-of-control Federal gov't spending unless they found a way to create physical gold out of thin air.