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NachoSilver's avatar

Interestingly, $313 trillion global debt divided by 6.4 billion ounces (200k tons) is approximately $48,906 per ounce.

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Wilfred Chromey's avatar

The so called value of the companies is pumped up by the federal reserve printing money and moving money into the stock market. Illusionary market. Federal reserve has a table at the stock market. This is done in my opinion to keep people dumbed down. They look at their portfolio and it looks good then go back to sleep.

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The Contrarian Capitalist's avatar

I agree with this sentiment. It is a possibility. Ultimately, there are a number of very good reasons to own physical gold and a potential revaluation is just one of them. A massive wealth transfer is happening before our eyes and it is important that people reading this position themselves accordingly so that they benefit from said wealth transfer.

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Gord's avatar

I see Gold being be revalued when one of two things happens.

1) Once China believes they have accumulated all the gold available on the open market and there is no more to be had, they then offer $100K a ounce for any gold.

At that moment, gold will instantly be repriced around the world.

With them being the largest holder, they would be the biggest beneficiary, thus eliminating their debt.

2) Trump signs the 1934 Gold Reserve Act, this also should reprice gold somewhere close to $100K a ounce

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James Kikuoka's avatar

I think it will occur when the US complies with Basel III NSFR regulations. This occurs on July 1, 2025. Gold will be revalued then!

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Matthew Piepenburg's avatar

In the Basel III framework, gold plays a key role in the context of liquidity and funding requirements, particularly in the Net Stable Funding Ratio (NSFR) and Liquidity Coverage Ratio (LCR) regulations. However, its role is nuanced and depends on the type of gold holding (allocated or unallocated) and the context in which it's being used.

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andrea lauro's avatar

Exactly!!

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