tyb
<3
been manipulated for far too long, along with silver, to have any accurate picture. Don't know what SA has and what is going t be done with it either. This also does not factor in below ground stakes that were kept off the market to manage the above ground supply.
The lists of world gov't gold supply is always official numbers and they would never tip the hand with that. We also just got the yamashita gold from japan(via a circuitous route prior to it being back there) just after POTUS' last trip in late may.
>What do we measure against to divide into to calculate a target price?
The silver/gold ratio to start however that needs to have an accurate picture of total supply and we do not have this. Don't forget that the physical price of metals is determined by a paper exchange i.e. COMEX.
may factors unknown to answer that.
The phrase "gold shall destroy the FED" does not necessarily mean that it will advance in price. It will be destroyed by it's lack of credibility. The physical asset is held at treasury, the FRB holds gold certificates and it is on the books at $42.22/oz. It has never been adjusted for it's advance in price since after the banking act in the early of 1933.
>It will be destroyed by it's lack of credibility.
that is exactly what ^^^^^^^^^^^^^^^^^^^ this means