The Obama - Clinton Disaster Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wayners who wrote (10064)	3/28/2009 12:34:33 PM
From: gregor_us	1 Recommendation Read Replies (1) of 103300

You'd have to include the Treasury Debt in your count of total outstanding USD. While some might say one would only have to include actual Federal Reserve Notes (FRN). But since our Treasuries are convertible into FRN I think the best calculation is to take all FRN and USTreasuries, and call that the total outstanding USD. Anyway, I've already done the calculation. Taking all outstanding USD and comparing it to stated holdings of Gold, owned by the US. To balance, Gold would have to trade at a level just shy of 40,000 USD per ounce. Fun, fun, fun, eh? G

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next