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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 443.60

+1.5%

Jan 21 4:00 PM EST

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To: energyplay who wrote (5486)	4/11/2006 2:54:35 AM
From: ackerrj	Read Replies (1) of 219609

>>Re: Gold prices - A price of about 3,000 per ounce would every US paper dollar is backe 100% by gold Energyplay -- How do you get to this number ($3000/oz)? Are you considering only currency in circulation and demand deposit accounts? M1, M2, M3? Are you including all US dollar denominated governmt debt (on and off budget)? I have heard much bigger numbers... Just would like to review the math <grin!>. RJA

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