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RE: When people wake up to the fact that GOLD DERIVATIVES are trading on the BLOCKCHAIN don’t come crying to me when it’s over $27,000oz..!!

in #gold8 years ago

The actual figure was much higher so we discounted it down to a consersative $27,000oz. It's based on the growth of Debt, Money Supply, and the current Derivatives. $27,000oz will be achieved without a problem. Cheers. Stephen

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I am getting different numbers based on purchase power in 1960's and in 1900's when the first world crisis started. If you take these 2 dates you get $2,500 in the 1st case and $10,000 in the 2nd...

That's only a small piece. Then add Current DEBT, DEBT in 2021, unfunded liabilities and the knock on effective of GOLD DERIVATIVES and Gold Related Derivatives and you will see a figure in the region of $54,000oz..!! Stephen