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At some point, the only thing that will arrest the fall of the dollar will be backing it with gold, at a MUCH higher price, such that all the dollars outstandin
by mikewarot 7mo ago
At some point, the only thing that will arrest the fall of the dollar will be backing it with gold, at a MUCH higher price, such that all the dollars outstanding match our gold reserves. It would be somewhere between $50,000 and $150,000 per ounce.