X @Nick Szabo
Nick Szaboยท2025-11-08 01:26
RT Ronnie Stoeferle (@RonStoeferle)At current prices, gold covers just 16% of the Fed's balance sheet. That's the same level as 1971, right before the dollar was cut loose from gold.History shows the market demands at least one-thirdbacking in normal times. And these are clearly not normal times.... https://t.co/m1pBaF68Uq ...