To determine the gold price per ounce required to cancel out the entire U.S. debt, we will use the following steps: Step 1: Determine the total U.S. debt. Step 2: Calculate the required value of gold reserves. Step 3: Calculate the required price per ounce. [\text{Required price per ounce} = \frac{33 \text{ trillion dollars}}{261,498,350.45 \text{ […]

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