By Ryan McMaken
Whatever method of privatization is chosen, it would result in depriving the US regime of its stolen gold hoard. This is long overdue.
pull down to refresh
related posts
42 sats \ 2 replies \ @Msd0457890 7h
I really think that being such a powerful state, whether or not it still has gold when it was the one that initiated its confiscation and created the fallacy of fiduciary money, do you think it still has it? Is that gold really in physical form?
reply
4 sats \ 1 reply \ @Undisciplined OP 7h
I'm entirely agnostic about whether the gold is there or not. Maybe we'll find out soon.
reply
0 sats \ 0 replies \ @Msd0457890 6h
We won't know, maybe it won't exist anymore, in the meantime we will be watching the direction that all this takes.
reply
40 sats \ 13 replies \ @Satosora 12h
Just like how people believe the dollar is valuable, the gold reserve is irrelevant when you compare it to the debt we owe.
Just imagine what would happen when they actually audit the gold and find a bunch missing?
reply
10 sats \ 12 replies \ @Undisciplined OP 12h
Let's assume the gold is there. In that case, the market value of the gold is much higher than it's listed value, because it's still officially marked at $42 per ounce.
reply
41 sats \ 11 replies \ @Satosora 12h
Maybe doge will get on that and give everyone an ounce of gold.
Would people appreciate it more if that happens?
reply
10 sats \ 10 replies \ @Undisciplined OP 12h
I think that gold is going into the Strategic Wealth Fund.
reply
22 sats \ 9 replies \ @Satosora 12h
Will it now?
Along with all of the shitcoins?
reply
10 sats \ 8 replies \ @Undisciplined OP 12h
That's my guess.
Plus, all the student loans and federal property.
view all 8 replies
29 sats \ 0 replies \ @Meani123 12h
I say no also. If answer was yes then they wouldn't be talking so much in a Bitcoin reserve. My take on it
reply
21 sats \ 0 replies \ @denlillaapan 11h
Ryan is truly on fire these days.
Man is a machine!
reply