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The Bridge
(Total Views: 155)
Posted On: 12/07/2020 9:48:26 PM
Post# of 128226
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Posted By: cashclan
Re: john1234 #52412
Last time there

was a economic reset was 1971.

The economy measure of the yellow brick road is obsolete

In 1933 we went off the gold standard gold was set at $35 per oz . It is now $1868 per oz. Increase of 5300%

The yellow brick road was turned into paper.

So essentially we have a bunch of paper billionaires walking around. If someone strikes a match they are up in smoke....aka the swamp.

So 1 FED dollar is worth .0001887 to a gold backed Treasury Note.

There is 31 trillion in FED notes in circulation.

I see some hurt coming. It take all our Gold in reserves to prop up the FED dollar to $1 or 5.8 Billion to bankrupt it and issue US Treasury Gold backed Notes. In the Nano oz measure.

Biden would bankrupt the US to save the FED that isn't part of the UNITED STATES OF AMERICA.

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I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...everything I say is of my opinion. I'm not a good place to get investment advise...



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