Quote:
Originally Posted by Tchocky
I'm guessing that if China or North Korea uncovered a large gold seam we'd be hearing a lot more about how great a silver standard would be.
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Only until someone discovered some more silver
Or until the price of gold made currently uneconomical methods of extraction viable, or synthetic gold made the finite supply not so finite after all.
The gold standard, the Beckian magic bullet for the worlds economy....or not?