And the value of the dollar would be less than a tenth of what it is now. You want hyper inflation?
NO I said you CAN’T adjust the price of gold to meet the monetary supply which ,of course ,would hyper-inflate the monetary supply (somehow) NOT something like the printing of the monetary supply by the FED. That’s how it works right? I am agreeing with you. And Gold is definitely not adjusting itself as we speak week by week day by day. It is just a bubble that will pop!