Monday, December 03, 2007

The Ron Paul Liberty Dollar Issue, Should Gold And Silver Be “Illegal"?

Years ago, if you wanted to buy something you paid in coins minted from, or at least backed by, precious metals. US currency, for example, was backed by gold held by the Gov, hence the term “gold standard”. The USD, backed by a dollars worth of gold which in theory, you should have been able to get by simply turning it in. A lot has changed.

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