Ron Paul just lost his mind, he said the sale of the USA gold reserves was a good idea!?!

http://www.nysun.com/national/selling-gold-at-fort-knox-emerges-as-...

NEW YORK — The next big question on the federal debt limit could be whether to start selling the government’s holdings of gold at Fort Knox — and at least one presidential contender, Ron Paul, has told The New York Sun he thinks it would be a good move.

The question has been ricocheting around the policy circles today. An analyst at the Heritage Foundation, Ron Utt, told the Washington Post that the gold holdings of the government are “just sort of sitting there.” He added: “Given the high price it is now, and the tremendous debt problem we now have, by all means, sell at the peak.”MORE>>>

 

Dr. Paul told the Sun today that he reckoned the sale of gold reserves would be “a good and moral decision. An individual would have to do the same.” The sentiment is echoed by another big name in the debate on monetary reform, Edwin Vieira Jr., who told the Sun he has little hope of the government moving to sound money and would prefer that it coin its gold holdings in pieces marked with their weight and use them to pay off debts, particularly individuals — who might be owed, say, tax refunds.

Views: 70

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Shannon McDowell on February 14, 2012 at 9:56am

Sigh...  I wish I knew.  Dr. Paul is the only major Presidential candidate that addresses the attacks on our liberties and the illegal wars, but I am still afraid to trust him given what I've learned about our current and previous Presidents.  I have to think over the implications of selling our gold reserves...  Rather skeptical of the idea at this time.  Thanks for sharing...

Comment by TheLasersShadow on May 19, 2011 at 8:45am
So does anyone agree with me on this, yes, no?

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a photo

entitlement

Congress makes Social Security that we paid in our whole lives into to some government giveaway and…
6 hours ago
Doc Vega posted a blog post

Death Threats for Assisting ICE?

An Idaho Bar Helped ICE And Faced This Sick Backlash From DemocratsDecember 10, 20254 minute read…See More
7 hours ago
tjdavis posted videos
10 hours ago
Sandy posted a video

'They’re Waiting for Us to Die': Area 51 Veterans Plead for Trump’s Help | Elizabeth Vargas Reports

Congress quietly killed the one fix that could have helped America’s “Area 51 veterans” prove where they served — and get the care they say they’ve earned.WA...
13 hours ago
tjdavis posted a blog post
yesterday
tjdavis favorited Burbia's video
yesterday
tjdavis favorited rlionhearted_3's photo
yesterday
cheeki kea favorited tjdavis's blog post Under An Ionized Sky
Friday
cheeki kea commented on Doc Vega's blog post To Each and every One of you here Happy Thanksgiving
"Hope you enjoyed your thanksgiving day. I've often thought it'll good if I could send…"
Friday
cheeki kea posted a photo
Friday
cheeki kea commented on rlionhearted_3's photo
Thumbnail

I joined Facebook after 5 years of suspension!!! It went as expected.

"Thats a mighty attempt lionhearted. The true art of perseverance so thumbs up!"
Friday
Doc Vega commented on Burbia's video
Thursday
tjdavis posted photos
Thursday
Doc Vega posted a blog post

Who Were the Silver Ghosts and Fork Tailed Devils Over Germany in WWII?

 The year is 1943 and the Germans are punishing the US Eighth Air Force during their daylight…See More
Wednesday
tjdavis posted a video

THE GREAT FLOOD Official Trailer (2026) Netflix | Global Disaster Movies 4K

🌊 A world pushed past the breaking point.In THE GREAT FLOOD (2026), rising oceans, collapsing cities, and unstoppable storms trigger a global disaster unlik...
Tuesday
Doc Vega posted a blog post

Mothman Prophecies

When suddenly the universe looked downIt seemed everything came unwoundI wondered if my sanity was…See More
Monday
rlionhearted_3 posted a status
"Joined Facebook after a 5 year absence. One absolutely undeniable picture that Hunter was in!!!!"
Dec 7
rlionhearted_3 commented on rlionhearted_3's photo
Dec 7
rlionhearted_3 posted photos
Dec 7
Doc Vega posted a blog post

The 100 Series Designated for SAC and a Possible WWIII

 The “100 Series” as these fighter aircraft were labeled were a succession of Mach II capable…See More
Dec 6

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted