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backgroundThere are 2 thousand trillion in derivatives backed by 7.5 trillion in gold. So either the value of the derivatives has to collapse or the value of gold has to increase to be equal to all the real assets in the economy. So do the math. This will be the largest transfer of purchasing power in history

2 years ago
1 score
Reason: Original

There are 2 thousand trillion in derivatives backed by 7.5 trillion in gold. So either the value of the derivatives has to collapse or the value of gold has to increase to be equal to all the real assets in the economy. So do the math. This will be the largest transfer of purchasing power in history

2 years ago
1 score