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IPFS News Link • Precious Metals


• Gold-Eagle
We suggested above that given the current growth of M-3, a price for gold of $4,800 was in line. If, God forbid, we enter into a hyperinflation, then the nominal price of gold could be virtually infinite. So, while it may require a wheelbarrow full

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Comment by Ed Price
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In the "Money as Debt" video (above link), an absolute minimum of an additional $11,545 trillion - in addition to the current M-3 expressed money supply - was created and given to the world banking system based on the creation of that which is expressed. But the maximum could be many times higher.

The bankers are taking up ownership of the world through what we all should call corrupt financial management. The fact that gold is rising as slowly as it is, is due to the bankers trying to hide what they have been doing.