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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,180.08
(
-0.44%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
-0.66%
)
Bitcoin
60,311.92
(
0.00%
)
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77steel

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77steel

Re: gldtimer post# 2250

Tuesday, 01/05/2016 4:01:08 PM

Tuesday, January 05, 2016 4:01:08 PM

Post# of 4668
I was trying to calculate what the real price of gold should be relative to the amount of base money supply in circulation and revolving credit. I think the figure comes out to 24,000/ per ounce. How does that figure sound to you. ? All fiat currencies eventually go to zero. And I'm guessing the fundament driver of gold is dollars in a bear market.
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