Friday, November 26, 2010

Are we still a gold backed nation?

The US government supposedly holds 8,000 tons at 35 million a ton is about $2.5 trillion, otherwise known as ten years of oil imports.   Also enough to backstop the Fed's balance sheet.  In an ultimate default, this stuff will be traded for debt relief.

1 comment:

Gold For RS said...

These are so cute! I'm sure they loved these!it sounds good. Love it! Thank you for sharing :) I really like jumpsuits, but I didn't tried one yet.Love

Gold On Runescape
Diablo 3 Gold
Buy RS 2007 Gold