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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST
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To: Rolla Coasta who wrote (31984)3/31/2008 4:35:27 AM
From: TobagoJack  Read Replies (2) of 217729
 
abolish the fed?

i must dwell on that one a bit

in the absence fed, what would be there instead?

unless gold.

all aboveground gold @ 155,000 tonnes (incl stuff sunk in ships at bottom of abyss) = x 35,273 oz/tonne
= 5,467,315,000 oz (a cube with 20-metre (65ft) sides)

should we mineralize the global GDP at 1x, then about USD 1k/oz, a very reasonable zero state reset.

but, of course, should we also mineralize global asset and debt at same time, then perhaps gold at usd 10k is more right, but also very manageable.

chugs, tj
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