You are viewing a single comment's thread from:

RE: China Delivers Knockout Blow to Petrodollar.

in #money • 7 years ago

Gold backed trades but it's from a communist country which does not follow the 'rule of law' principle. Who will invest in a country where your assets can be seized?

7 years ago in #money by
$0.00
    Reply 2
    Sort:  
  • Trending
    • [-]
     7 years ago 

    +croat I have heard assets can be seized in the US too. It's called Civil Asset Forfeiture. Oh I forgot! FDR confiscated Americans' gold back in 1933 too. I actually would rather trade on the Shanghai Futures Exchange than on the CME.

    [-]
     7 years ago 

    Exactly! The land of the free is not so free. Trump just extended the Civil Asset Forfeiture law.

    $0.00
      Reply

      Coin Marketplace

      STEEM 0.22
      TRX 0.25
      JST 0.039
      BTC 95428.83
      ETH 3314.03
      USDT 1.00
      SBD 3.16