As far as the "selling off all of the gold" I havent the slightest idea. When it comes to gold and the worlds nations, who knows what they do behind closed doors. I know that there are several ways to invest in gold, and yes you can "buy and hold" actual gold coins, but I do believe there is a law saying that gold is ACTUALLY the property of the US government. What many people do is buy and trade gold "stocks", which are certificates. Or they invest in gold mining operations. Gold is so heavily regulated that it is difficult to get into it, and if you arent well established in it you take a pretty big risk to start.
So I would basically say "no, america hasnt sold all of its gold"
There is more to running the economy on more than just gold. Copper is a good commodity, and one that I deal with most of the time. Its difficult to start off with as well, but I have been doing it for a decade now. When the price hits right, I sell ALL of it and cash in.
So I would basically say "no, america hasnt sold all of its gold"
There is more to running the economy on more than just gold. Copper is a good commodity, and one that I deal with most of the time. Its difficult to start off with as well, but I have been doing it for a decade now. When the price hits right, I sell ALL of it and cash in.
