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The U.S. Is Ready With a Gold Revaluation Mechanism Too
Moneymetals ^
| 15 Aug 24
| Chris Powell
Posted on 11/09/2024 7:41:48 AM PST by delta7
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To: delta7
“Rank Name Type Gold holdings
(in tonnes)
1 China Private 31,000[13]
2 India Private 30,000[14]”
You didn’t cite your source. Wiki by the format. Wiki does not list the US.
21
posted on
11/09/2024 1:46:49 PM PST
by
TexasGator
(I l I l l I. I . I I I " l l)
To: delta7
“Do realize the US population is poorly prepared for a gold revaluation.”
Per capita, US citizens may own more gold than Chinese.
22
posted on
11/09/2024 1:48:10 PM PST
by
TexasGator
(I l I l l I. I . I I I " l l)
To: TexasGator
What you said is true. Silver will never match the price of gold.
But for the last couple hundred years (actually 2000 years or more...lol) the ratio has been 16:1.
23
posted on
11/09/2024 3:50:32 PM PST
by
volare737
(Diversity is something to be overcome, not celebrated.)
To: volare737
Meant to say last couple hundred years until Nixon took us off gold standard in 1971. (and the 2,000 years before that)
24
posted on
11/09/2024 4:14:38 PM PST
by
volare737
(Diversity is something to be overcome, not celebrated.)
To: dfwgator
25
posted on
11/11/2024 1:27:00 PM PST
by
Lee'sGhost
("Just look at the flowers, Lizzie. Just look at the flowers.")
To: delta7
The world’s total debt is estimated at $300-317 trillion. Mathematically impossible to pay off. Why?
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