By Ryan McMaken
Whatever method of privatization is chosen, it would result in depriving the US regime of its stolen gold hoard. This is long overdue.
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By Ryan McMaken
Whatever method of privatization is chosen, it would result in depriving the US regime of its stolen gold hoard. This is long overdue.
Just like how people believe the dollar is valuable, the gold reserve is irrelevant when you compare it to the debt we owe.
Just imagine what would happen when they actually audit the gold and find a bunch missing?
Let's assume the gold is there. In that case, the market value of the gold is much higher than it's listed value, because it's still officially marked at $42 per ounce.
Maybe doge will get on that and give everyone an ounce of gold.
Would people appreciate it more if that happens?
I think that gold is going into the Strategic Wealth Fund.
Will it now?
Along with all of the shitcoins?
That's my guess.
Plus, all the student loans and federal property.
A lot of those student loans are going to default.
Who can afford to pay them off, especially the millennials?
They may be in de facto default, but those debts cannot be discharged.
I really think that being such a powerful state, whether or not it still has gold when it was the one that initiated its confiscation and created the fallacy of fiduciary money, do you think it still has it? Is that gold really in physical form?
I'm entirely agnostic about whether the gold is there or not. Maybe we'll find out soon.
We won't know, maybe it won't exist anymore, in the meantime we will be watching the direction that all this takes.
I say no also. If answer was yes then they wouldn't be talking so much in a Bitcoin reserve. My take on it
Ryan is truly on fire these days.
Man is a machine!