Yes. ....Because the revaluation is long overdue. However, it would require other currencies to devalue against gold as well.
Now it becomes interesting to contemplate why, as per 1-1-2023 Gold got back the 1-tier asset status for banks, and the walled off Fed Casino of paper gold trade, is less attractive than the real gold trade ....
So, before a revaluation, it is necessary to load up on gold for the big CB's. ..... it is called stacking.
He (the guy on twitter) seems to assume that just because the Fed says the price of gold is X that the rest of the world will agree. The ROW may have a different opinion.
I am invested in gold, so I would love to sell at 20k per ounce, but who would buy it at that price?
Just my opinion but I think the government would need to guarantee that they will purchase all gold for the new revalued price. I believe that would set the new floor price for gold for the rest of the world. The government can print all they want to purchase gold. Of course, everything else goes up in price but the debt is gone.
If the Q team has a YUGE amount of gold ready to inject into the system that would undermine the cabals buying of gold with fiat dollars. If the cabal is planning to come out the other side with trillions in gold while most people have fiat dollars then the white hats need a way to bring this back down to normal.
Those of us with a few ounces may initially reap a bit of profit say by selling our gold to pay off a mortgage most will be in deep shit.
So then just like our coinage, the dollar will be worth less than the material it's made of.
Yes. ....Because the revaluation is long overdue. However, it would require other currencies to devalue against gold as well.
Now it becomes interesting to contemplate why, as per 1-1-2023 Gold got back the 1-tier asset status for banks, and the walled off Fed Casino of paper gold trade, is less attractive than the real gold trade ....
So, before a revaluation, it is necessary to load up on gold for the big CB's. ..... it is called stacking.
He (the guy on twitter) seems to assume that just because the Fed says the price of gold is X that the rest of the world will agree. The ROW may have a different opinion.
I am invested in gold, so I would love to sell at 20k per ounce, but who would buy it at that price?
Just my opinion but I think the government would need to guarantee that they will purchase all gold for the new revalued price. I believe that would set the new floor price for gold for the rest of the world. The government can print all they want to purchase gold. Of course, everything else goes up in price but the debt is gone.
That still donest solve for the mountain of bs receipts arpund the world that are like 80 trillion dollars.
I'm supposed to listen to a guy who labels himself a "Junior"? Sounded like a bunch of rambling
I'm down with $20k Au...$1,750 Ag?
If the Q team has a YUGE amount of gold ready to inject into the system that would undermine the cabals buying of gold with fiat dollars. If the cabal is planning to come out the other side with trillions in gold while most people have fiat dollars then the white hats need a way to bring this back down to normal. Those of us with a few ounces may initially reap a bit of profit say by selling our gold to pay off a mortgage most will be in deep shit.
https://qposts.online/post/3393