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.
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42 sats \ 2 replies \ @Msd0457890 10h
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?
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4 sats \ 1 reply \ @Undisciplined OP 10h
I'm entirely agnostic about whether the gold is there or not. Maybe we'll find out soon.
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0 sats \ 0 replies \ @Msd0457890 9h
We won't know, maybe it won't exist anymore, in the meantime we will be watching the direction that all this takes.
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40 sats \ 13 replies \ @Satosora 16h
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?
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10 sats \ 12 replies \ @Undisciplined OP 16h
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.
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41 sats \ 11 replies \ @Satosora 16h
Maybe doge will get on that and give everyone an ounce of gold.
Would people appreciate it more if that happens?
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10 sats \ 10 replies \ @Undisciplined OP 16h
I think that gold is going into the Strategic Wealth Fund.
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22 sats \ 9 replies \ @Satosora 16h
Will it now?
Along with all of the shitcoins?
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10 sats \ 8 replies \ @Undisciplined OP 16h
That's my guess.
Plus, all the student loans and federal property.
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29 sats \ 0 replies \ @Meani123 15h
I say no also. If answer was yes then they wouldn't be talking so much in a Bitcoin reserve. My take on it
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21 sats \ 0 replies \ @denlillaapan 14h
Ryan is truly on fire these days.
Man is a machine!
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