I mean we will lose 700 TON of production quick smart if prices falls much more. Even say 250 ton a yr over three years. So my opinion is (based on supply and demand) that the etf's behavior +- 700 ton will cause the price to be 1000 or 2000
Now if the entire world is conned by the west that fiat is here to stay then goals should be worth NIL. As I have posted before. But if the fiat ponzi con scheme is learned to be fact by the world then $2000 will be the low end of the price. It is sentiment driven. If the world stays dumbed down gold will have few backers. If the world learns to observe and think then these western emperors will look starkers
Likely pog is inversely proportional to the intelligence of the western citizen. You can see why the banksters are trying to dumb down the west
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gld lost another 4.5 tons, page-30
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