Ok ok..... The Federal Reserve Note, yeah.... look on your cash that you have. It's no longer on the debt clock. Now, look at the price of silver, gold.... the projected price. If you don't know, silver is hovering around $24oz. What does it say on there? Basically, this changed a few days ago but nobody is talking about it. The US Treasury and the Federal Reserve are two different entities. See it now?
It clearly says that it is the divided amount of 5 year production of Gold divided by the money supply. That is not really a good indicator for projection. Gold being produced is influenced by price. If there is a low price, production of said Gold/Silver is low as only the easiest Gold is mined. Exploration and investment into new projects is low.
If price goes up, more is mined. Its economics 101.
To say that production to money supply means it is equal to xyz is dumb. It is equal to what someone will pay for it.
Ok ok..... The Federal Reserve Note, yeah.... look on your cash that you have. It's no longer on the debt clock. Now, look at the price of silver, gold.... the projected price. If you don't know, silver is hovering around $24oz. What does it say on there? Basically, this changed a few days ago but nobody is talking about it. The US Treasury and the Federal Reserve are two different entities. See it now?
'Projected Price' - Nope.
It clearly says that it is the divided amount of 5 year production of Gold divided by the money supply. That is not really a good indicator for projection. Gold being produced is influenced by price. If there is a low price, production of said Gold/Silver is low as only the easiest Gold is mined. Exploration and investment into new projects is low.
If price goes up, more is mined. Its economics 101.
To say that production to money supply means it is equal to xyz is dumb. It is equal to what someone will pay for it.