November 9, 2009

Gold Bless the USA

Take this WaPo article posted on HuffPost recently.
US Treasury’s Gold Valued: US Gold Reserves Total $288 Billion, But Not Really
In this article the author argues:
“Raising the value of the Treasury’s gold stockpile would have an inflationary effect, too, which is the last thing the Federal Reserve wants right now. In 1933, President Franklin D. Roosevelt [...]