re: #421 Killian Bundy
You seem to be good at math. The price of gold would obviously skyrocket well beyond $900/ounce.
/ounce of gold per dollar should straight up equal existing ounces of gold/”dollar” supply figure
ack!
lets try this again
114 billion dollars
126986263.578 ounces on hand global
9.8 trillion m1 m2
gold at about 900 an ounce….
sooo…114,000,000,000 dollars of gold global
9,800,000,000,000 just in us economy m1 m2
this was quick and dirty and probably wrong!
thats better