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trunkmonk

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trunkmonk

Re: NYBob post# 2889

Sunday, 10/30/2022 10:20:33 AM

Sunday, October 30, 2022 10:20:33 AM

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putting it all into perspective with the following. when i was last looking at interest sensitive debt world wide it was 600 trillion, so that is now somewhere between 600T and 2Q. All sitting on top of 7T gold(it say 2 but i think that is incorrect). which really means one thing. more than ever, all roads lead to gold if we want to avoid a world wide depression. "want" is the key operative. That why i keep pounding the table gold has a value of $33k/oz.

https://www.zerohedge.com/markets/2-quadrillion-debt-precariously-resting-2-trillion-gold
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