Ist so etwas wirklich vollstellbar auf der Agenda des anstehenden Krisengipfels - brutale Abwertung aller Währungen und Schuldenmonetarisierung in unfassbarer Höhe?
Wäre sehr gut für Gold, meint der Autor, für alle Sparer hingegen eine Katastrophe...
“The G-20’s Secret Debt Solution”
It would be a strategy designed to ease the burden of ALL debts — by simultaneously devaluing ALL currencies … and re-inflating ALL asset prices.
That’s what central banks and governments around the world are going to start talking about this weekend — a new financial order that includes new monetary units that helps to wipe clean the world’s debt ledgers.
The Big Question: What gold price would be legislated to reflate the U.S. and global economy?
I can’t tell you what gold price the G-20 would ultimately agree to. But here’s what they will be looking at …
To monetize 100% of the outstanding public and private sector debt in the U.S., the official government price of gold would have to be raised to about $53,000 per ounce.
To monetize 50%, the price of gold would have to be raised to around $26,500 an ounce.
To monetize 20% would require a gold price a hair over $10,600 an ounce.
To monetize just 10%, gold would have to be priced just over $5,300 an ounce.
Those figures are just based on the U.S. debt structure and do not factor in global debts gone bad. But since the U.S. is the world’s largest debtor and the epicenter of the crisis, the G-20 will likely base their final decision mostly on the U.S. debt structure.
Salut
orezone