Hahaha.... hey McKa.... if they did go to a gold standard.... the POG would need to go to more than US$20K per oz.
I made some mention a few posts ago regards above ground known gold reserves.
There is a gold amount known and to equate it to the fiat printed.... gold would need to be much much higher.
This is also why I believe gold is very much..... undervalued.
Ann: Drilling and Geophysical Results from Tarraji-Yampi, page-31
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