I offered the thought that the US could unilaterally re-set the price of gold to a much higher number and overnight re-liquify the system and minimize the pressure of our enormous debt. The price of gold has been re-set twice before by the US, so why not now? Yet nobody in DC has even broached this idea. Why?
Then the full horror of the situation struck me. The reason raising the price of gold isn't discussed is that we probably haven't got the gold. Like Britain, we may have sold much of our gold or loaned it out to bullion banks!
There have been rumors of the US having "lost" much of its gold. Then why the hell doesn't the Treasury have an audit on our gold holdings and end the rumors? What is the Treasury hiding? We need an audit to prove that the US has the gold.
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