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2020年10月10日 · Moreover, the Fed’s number of M2 money supply was $1.5 trillion in 1980 while it was $18.6 trillion by the end of September 2020. Since the 1980 high in gold was $875, that theory means gold should be $10,850 right now. That proves all that yelling and screaming is just sophistry not based on real analysis.
2021年9月2日 · Gold Clarification. Let me explain something. What I have pointed out about gold is that it DOES NOT rally merely because of inflation or the rise in debt. It will rally when we are looking at the collapse in confidence. The central banks have no desire to raise for their own budget will blow apart. The Fed is restrained by the ECB and the rest ...
Celtic Æ “proto-money” was composed of bronze rings of various diameters from approximately 10mm to 45mm and were generally used between 600BC and 200BC. They are typically found in the Balkans Region.
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2015年8月3日 · ANSWER: Yes, but as I have stated before, $5,000 is the extreme maximum target – not the minimum. I do not see any possibility of $30,000 or some other outrageous forecast. Even reaching $5,000 will not be easy, and we have to be concerned that they could simply declare gold illegal as they did in 1934.
2018年9月30日 · ANSWER: The entire world has NEVER been on the gold standard simultaneously. Asia was on a silver standard while the West was on a gold standard. Above is the first coin struck in Hong Kong in 1866 which was the Hong Kong Dollar. The West struck Trade Dollars during the 19th century to pay for goods from Asia and they were silver – never gold.
2018年7月7日 · Gold rings were discovered in Ireland and they seem to be uncertain about their original use. The Celts did not create their own coins for many centuries. They used ring money which is commonly found throughout Europe, north of Italy. Celtic ring money is typically bronze.
2020年2月24日 · Basically, that slingshot is obviously dead as you say. This raises serious concerns about the future for gold. Yes, there is an important shift that takes place with these major generational evolutions. The gold standard died in 1971. Most people born after that do not see gold as money. Those who were born in the 1980s onward saw money as paper.
