by Dave Kranzler, Investment Research Dynamics:
An entity called “Bloomberg Intelligence” published an article which asserted that the price of gold would need to be $64,000/oz in order for China to back its currency with gold. Unfortunately, the article lacks any meaningful depth of intelligent analysis. Additionally, there is a glaring absence of documented assertions and reference-base facts to support the article’s thesis.
There is a great monetary reset coming. There is a day of reckoning on the horizon for the tsunami of fiat which has flooded the planet. There will be a revaluation of the gold (and silver) price that will revalue the precious metal at a price far higher than the manipulated price we see today. – SGT Report
SGT Report has saved me the time of slashing and burning this poor excuse for journalism:
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