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Should our Government sell Dollars and by Gold?

Day 1,247, 06:46 • Published in USA USA

• by General Robert Lee

Our current Treasury - 340,539.08 USD

Perhaps should our Government start buying Gold,because our Dollar value is drop.

What do you think my fellow eAmericans?

Please comment or give as your point of view.

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Comments

code0011 Day 1,247, 07:28

other way round, surely?
Gold is rediculously expensive, and needs to be sold

coneviza Day 1,247, 16:12

code0011 is right i guess. if government buys gold then it would get more expensive right? we need more gold on the market..

chesehead Day 1,247, 17:29

By selling USD for gold, more USD is put on the market, causing the value to go down even more. Also, it's not profitable under .005 since we can print USD for that much.

Crucifixpandaninja Day 1,248, 17:11

i was gonna say it but chese said it..if you sell usd it causes the market to fall further

Snorunt30 Day 1,248, 22:55

either way were screwed, sell gold and we contribute to the falling value of the dollar, or buy gold and make prices for gold to sky rocket
so i think we should do nothing since theres nothing we can do to fix this problem, at this point only the admin can and i doubt he'll try to fix it :/

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