There would be many more $ in circulation than in the base money supply, however eventually these extra dollars will come home to roost paying down the debt (well I would hope so). Sure Gold could use some of these dollars temporarily to soar higher, but IMO this would not be sustainable.
Exters pyramid does also account for these $, just under a different label.
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three realistic gold targets: $6,000 $7,000 , page-12
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