A few days ago Simon cat shagger claimed that come October all credit card rates would drop to 1% or similar, even claimed reduced profit from 'customers' was why Tesco Bank was closing branches, even though it was always an online service.

Not heard anything else to corroborate however.

"Backed by" means that you have to trust someone that could rip you of at any second, to not rip you of. The whole idea is retarded, own the real assets yourself.

"New dollar" would mean we have to turn in all of our old dollars and explain where we got them, if we have more than "they" think is normal.

Unless Trump is back in the White House, I don't believe the dollar is going to be backed by anything other than BS.

Didn’t happen last year. This year? Doubtful.

That is a "sponsored" article from GSI Exchange. Doesn't mean it isn't true, just that everyone should be aware of the source and treat it with the skepticism it deserves. Nobody pays for an advertising article without an agenda.

October huh? Ok np. In October we can revisit this. Not worth sitting at the edge of our seats with.

This is sponsored content, it would be lovely, but we would have to have enough gold to back the ridiculous number of dollars out there. Not sure how much gold is still in stock to back fiat currency. This is difficult to grasp and difficult to implement. I think silver certificates would be more realistic. Meh, who knows? Nothing is impossible, but some things are improbable