OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Nervous About Gold ? This Little Factoid Brings Some Relief,

Posted by Farmboy @ 14:39 on August 16, 2016  

“In those days, the U.S. gold reserves were only valued at $35 per ounce and still represented 26% of outstanding dollars. Today at $1,360 per ounce, reserves represent a measly 1.5%,” he said.” – British billionaire Crispin Odey

British Billionaire Crispin Odey Places 86% Bet On Gold


Comment: Odey provides a chart of his holdings which I think is a pretty gutsy and transparent move. As I view it, it is all in paper gold. ?? Perhaps he soon will awaken to the idea of holding some ounces.



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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.