Loading ...The US has 8200 tonnes of AU, 32000 oz/tonne. 8200*32000 = 262,400,000 oz…..US debt $ 37,000,000,000,000 / 262,400,000 = $ 141,006.67
$ 141,000 that is an impossible number One would think…..but what happens if the amount of Gold is increased dramatically, say quadrupled to 32,800 tonnes’
Then the magic number becomes $ 35,251/oz….and if say the AU/AG ratio drops to 60….35251/60 = $ 587
If yr buying with the knowledge that the price will be reset way, way higher, then there is literally no risk.
PS that 40 yr cup and handle on Silver…..always did project prices into the hundreds and $ 600 is very poss.