>>23224537Now the ratio predicted on usdebt states that the dollar to gold ratio will be only $11877 this time in 2029, an increase of 29.5%.
However, at the current rate extrapolated here
>>23224538This would give an increase of 69.3%, or $15518 dollars per ounce of gold.
Another way to consider the price is that at the above stated ratio of $9166:1, gold spot being $3475, an ounce of gold is worth about 37.9% of the current dollar supply.
This would give a spot lrice prdiced by the usdebtclock numbers of $4500 per ounce, OR, using our trend line it would be closer to $5883 per ounce.
How can it be proven? It cannot.
Will the price be higher? Almost certainly, yes.
Will it be way higher? Oh yes.
Not to preach fomo, but the drivers are, as has been mentioned by others, the banks themselves, so they are seemingly betting on this. So while it could go down, it would require the banks to dump their assets and give them up, after having gone through lots of trouble to acquire them in the first place, and then exchange these hard assets for, what?
Fiat currency? They can already print that, and they do. And they are trading that at unprecidented rates for gold, but why bother buying and spiking the price of gold if cash is fine? And why bother selling all their gold if cash isn't fine?
