Bill Holter’s Commentary
Many say there is simply not enough gold to ever go back to a gold standard. I would correct that thinking by adding, “at the current price” there is not enough gold…but at some, higher price, there is certainly enough gold. Adding to what Erik wrote, no more new currency or debt needs to be added to the system to attain say, a gold price of $50,000 per ounce. The money supply and debt has already been created and only awaits a spark to start the huge bonfire of paper everything…!