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Msg  27953 of 36240  at  3/25/2012 2:56:47 PM  by

granitegremlin


 In response to msg 27951 by  JERMOE11
ignore topicview thread,  thread start

Re: TURKEY..Last November, the country's central bank announced that banks could hold up to 10% of their reserves as gold

it's not complicated.

gold is money, and people are catching on...

Gresham's law is an economic principle that states: "When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation."[1]


 
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