``All you need to know is that Austrian, or true money supply in dollars, for which there is a sound theoretical basis, is 23 times the value of gold said to be held by the US Treasury. Based on this relationship, my admittedly subjective view is that at a time of escalating global systemic risk, the dollar is wildly over-valued relative to gold, and not the other way round. ''

Comments: Be the first to add a comment

add a comment | go to forum thread