Gold | “If we had a dollar crisis, gold would have to go up 19X to match the price level it was at in 1980 relative to foreign treasuries outstanding ($42K). 3x to 6x, that’s just getting back to long-term avg.” - Luke Gromen
Petrodollar | Petrodollar Is Over | Saudi Arabia Ends Petrodollar: What It Means for the Price of Gold (6/10/24) + "Russians Said Its Currency Is Going to Be Gold Backed." - Bannon + "Gold May Exceed $27,000 Per Ounce." - Rickards
Dedollarization | "My Latest Forecast Is That Gold May Actually Exceed $27,000 Per Ounce. If You Just Do the Math. What Would the Price Have to Be for 8,000 Tons to Back Up M1? Money Supply?" - Jim Rickards (5/27/24)
Castration | Is America Being Financially Castrated with a Chainsaw? Saudi's End Petrodollar: What It Means for Gold Price (6/10/24) + "Russians Said Its Currency Is Going to Be Gold Backed." - Bannon $27,000 Per Ounce Gold?
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