Nov 17, 2009

FOFOA: Is the Dollar "Good as Tungsten"?

"It has been speculated by many people over the past decade that once we are in the heat of the fire the US Treasury's gold will be employed in defense of the dollar.
Perhaps this was what some of the Giants were counting on. Before 1971 the dollar was considered to be "good as gold".
Since then it was considered to be "hard currency" amongst a world full of soft currencies. Perhaps now it will be considered to be "Good as Tungsten"?
I wonder how this will affect the next move from the People's Republic of China. Hmm...."

Read all about the dark art of tungsten alchemy at FOFOA's blog HERE

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