I don’t understand this stuff. It shows BRICS GDP to Gold is $135 thousand, where US to gold is $12 thousand. So…doesn’t that mean it’s just a reflection of our debt? It also shows that the US holds at least double the amount of gold than all other countries. And even with that, our holdings would only be valued at $12 thousand an ounce because of our debt? I don’t know, I’m confused 🙄
I don’t understand this stuff. It shows BRICS GDP to Gold is $135 thousand, where US to gold is $12 thousand. So…doesn’t that mean it’s just a reflection of our debt? It also shows that the US holds at least double the amount of gold than all other countries. And even with that, our holdings would only be valued at $12 thousand an ounce because of our debt? I don’t know, I’m confused 🙄