Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
realr0ach
on 06/01/2020, 12:20:34 UTC
Though what would the nazi guess ?? and what TA, share of thought would he provide??  Roll Eyes

Global debt of 260 trillion, so gold has to go up around 40x for a traditional 40% backing bringing it to $60,000 an ounce and silver $1200-$3000.  Of course in a tri-metal system of gold, silver, and copper all together, you could probably lower that gold number and have a lower silver and copper price as well.  You could also have a lot of the global debt evaporate in some sort of deflationary collapse and end up with a lower gold price too.  So it will probably be a combination of all those variables and you'll end up with something like $20,000 gold $400-$1000 silver in current purchasing power.