The Chinese are devaluing their currency to combat the tariffs that Trump placed on them. Trump calls out the Fed and says we need to do more, we need more rate cuts. Trump is now pushing the [CB] economy to the extreme, the question is why, a crisis will allow Trump to usher in a new economy. While all this is happening gold is skyrocketing, its almost as if this was planned.
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Thanks again, Dave. Is it true that there is less than one troy Ounce of Gold per person?
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I'm thinking that may be true.
Current world population = 7,722,700,000 people
BBC Report How much gold is there in the world?
So one short ton = 32,000 ounces.
Using Thomson Reuters GFMS annual gold survey.
171,300 tons x 32,000 ounces = 5,481,600,000 ounces / 7,722,700,000 people = .7098oz per person. Less than one ounce per person.
Larger estimate.
2,500,000 tons x 32,000 oz = 80,000,000,000 / 7,722,700,000 people = 10.36oz per person
Here's to hoping you have more than your share.
Keep stacking.
If you are not stacking, you should be.
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