Divergence
Divergence
With 100 paper claims on each real physical oz of gold, when faith in the system fails, the result will be divergence.
The demand for and hence value of the paper claims will plummet.
The demand for and hence value of real physical gold will rocket, as it will outstrip supply massively.
One only needs to look at a properly CPI adjusted gold price chart to see which way the price has been pushed since the 1980s.
The answer is down, so any suggestion that the price has been pushed up by the paper market is wrong. And the many recent revelations expose the truth of that.
Anyone who suggests that governments have orchestrated higher gold prices is massively deluded, and simply do not understand how the paper currency system works.
Divergence
With 100 paper claims on each real physical oz of gold, when faith in the system fails, the result will be divergence.
The demand for and hence value of the paper claims will plummet.
The demand for and hence value of real physical gold will rocket, as it will outstrip supply massively.
One only needs to look at a properly CPI adjusted gold price chart to see which way the price has been pushed since the 1980s.
The answer is down, so any suggestion that the price has been pushed up by the paper market is wrong. And the many recent revelations expose the truth of that.
Anyone who suggests that governments have orchestrated higher gold prices is massively deluded, and simply do not understand how the paper currency system works.
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