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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.87-0.8%Nov 13 4:00 PM EST
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To: Amelia Carhartt who wrote (73189)4/15/2011 12:16:14 PM
From: Canuck Dave  Read Replies (1) of 217752
 
Predictions are like a certain part of the anatomy, everyone's got one.

I like simple math to guide me. Let's say the US deficit this year is 1.5 trillion, and they do indeed have 32,000 tons of gold in Fort Knox. This year's currency debasement works out to...

$1500 per ounce of gold.

Or at a gold:sliver ratio of 40, about $40 silver equivalent.

This year.

CD
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