I thin Ag and Au will trend much higher then we expect. If a gold standard is posted. It will have to cover at min GDP and broad $. Broad $ is 1.26 x gdp so US is right around 25T. Au will be the baseline and cover with a revaluation to match the need. This can be done organically, bc one run on comex or the LME will challenge their paper to phys ratios. 233x Au paper vs gold and 513x Ag. Historically Ag has been anywhere between 15:1 and 5:1 ratio to Au, however due to tech and industrial consumption its actual phys above ground ratio is more like 2.1:1. I would imagine in order for US and other countries already tipped off, i.e. ch,ru,jp,in,br,tk etc to get to a ratio that is comparable Au would need to be revalued at near 120k per oz. Now take the lme and comex ratios and look what u have 213x 1250 = 266k. Be conservative and pull 50% off of that due to defaults your near 120k.Ag at 7600.00 w/ 513x paper to phys. 120kAu/ 15:1 ratio is right around 8k. The reset and the market crash are neccessary to drive public opinion to demand the bimetallic standard. We knew this was coming years ago..
Not to mention Rahm, hussein and others transferred the nyse and comex to chicago gangsters in 2012. COMEX is compd
As a point of reference here is a list of countries their reserve gold holdings vs gdp and gdp to debt ratio.
Think about the mines in MX and their sudden agreement to play ball with GEOTUS. I fucking guarantee they nationalize those mines as national interests. So much Ag and Au. Mx stands w/ the plan.
Little suave for the teacup
https://www.zerohedge.com/news/2017-05-17/paper-vs-physical-amazing-amount-leverage-silver-market
You are SO correct! Look at Swift network. 5T in international transfers per day. Inventors of xrp came from swidt to replace the network. It made no sense…..too large of a market cap to make $ as standard crypto $. Backed by many tho. So why? Super fast low cost transactions. Could be a potential mechanism to undermine swift network, based on an internationally set Au/Ag standard price.
Exactly, I ran the numbers over and over, but w/ US reserves it didnt make sense. U have 2 remove it completely from the standard equation and use it as an add on bonus for not only US, but for countries producing and following suite into a new millennium. In that type of scenario all chains removed they will want to participate