How Would the Price of Gold RV in a New “Gold Standard” Today? This Chart Will Surprise YouOn November 27, 2023By Awake-In-3DThis is an interesting chart showing what the price of gold would need to be in order to cover the M0, M1, and M2 money supplies for different countries – if they implemented a traditional gold standard today. The US Dollar would have to be devalued to a whopping $87,767 per ounce of gold to cover the amount of currency in the United States (see chart below). In other words, the price of gold would revalue (RV) by over…
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