Message:

<p>[QUOTE=&quot;ToughCOINS, post: 8240797, member: 20480&quot;]If that happened, the US government would have to add 26,521 metric tons of gold to augment the current <a href="https://en.wikipedia.org/wiki/United_States_Bullion_Depository" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/United_States_Bullion_Depository" rel="nofollow">8,134 metric tons of gold in Ft. Knox</a> to reach the 34,655 metric tons needed in its coffers to support the <a href="https://tradingeconomics.com/united-states/currency-in-circulation-bil-of-$-m-nsa-fed-data.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://tradingeconomics.com/united-states/currency-in-circulation-bil-of-$-m-nsa-fed-data.html" rel="nofollow">$2.211T</a> in USD presently in circulation.&nbsp; That&#039;s only to support the <i>physical </i>currency in circulation, and not the total outstanding money supply, which is a <i>far</i> greater amount.</p><p><br /></p><p>I daresay, that&#039;s not going to happen.</p><p><br /></p><p>For those who don&#039;t believe their eyes, do the calculations for yourselves.&nbsp; I did this hastily, and will gladly make corrections if you find errors.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in