china is soon going to make a move, page-6

  1. 3,045 Posts.
    I used M2 money supply divided by number of ounces on fort knox... something like $30,000/Oz. Using global reserve gold it's around $8000/Oz.

    Either way gold is worth alot if they adopt a formal gold reserve system.

    I don't think you can trust the USA to be the only country holding gold. They screwed it up last time, why trust them again? It will have to be a global effort... the price of gold could go up $5000/Oz overnight if this is said publically.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.