An ex-FED Governor appeared on Canadian TV yesterday saying that...

  1. 47,086 Posts.
    An ex-FED Governor appeared on Canadian TV yesterday saying that the FED could rebalance it’s balance sheet by allowing gold to be re-valued to $5000 to $10,000 per oz

    Don Coxe explained a few weeks ago, how revaluing gold (he spoke of $1,000 official price) would formally devalue the dollar. I don't think he archives his netcasts though.
 
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