Thread: Gold Standard
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Old 30th January 2009
ibis ibis is offline
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Join Date: Mar 2005
Location: Dublin
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Quote:
Originally Posted by Wakeupcall View Post
According to information that I have read...

The dollar was redeemable in gold. Then they got rid of that and made it "just paper" calling it "legal tender". Then they called in the gold that people may have had such as jewellary and watches. I also read there was a prison sentence if you didnt hand over your gold.

Pretty dodgy pattern if its true...
So people from the US have no personal gold jewellery, then....while we in Europe, of course, have no bent bananas. There's certainly a pretty dodgy pattern there alright.
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