America’s national debt stands at a staggering $36 trillion, with unfunded liabilities exceeding $100 trillion. While these numbers might seem insurmountable, the United States enjoys an unparalleled advantage that could turn this apparent crisis into a golden opportunity: the world’s insatiable demand for dollars. By strategically leveraging stablecoins and tokenized treasuries, America could solve its […]
Category: gold
All articles in the category of “gold”:
Introduction Have you ever wondered what it would take for the United States to pay off its entire national debt using only its gold reserves? In this post, we’ll walk through the calculations to determine the gold price per ounce required to completely offset the current U.S. debt. Spoiler alert: it’s a much higher price […]
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Andrew Craig on Gold ETFs
“A concern I always had with precious metals ETFs, is that there is about fifty times as much theoretical gold in the world as physical gold.” -Andrew Craig, in the book ‘How to Own The World’.
Let’s explore Bitcoin priced in gold (all prices as of August 2023). The entire market cap of Bitcoin is currently roughly 570 billion US dollars (i.e. over half a trillion US dollars). At current market prices, one kg of gold is approximately $60,000, giving us one metric tonne of gold having a price of approximately […]
There’s a few very big things in favor of gold as an investment, including the hugely relevant points that gold is finite, rare and has a loooong history of being highly valued. But let’s forget about the positives for a minute, instead, let’s focus solely on all the negatives. Let’s go straight for everything I […]