Everyone knows where we have been. Let's see where we are going!
Mar 21, 2020 • 6 tweets • 2 min read
From 2009: "Expect the end game to look very different from what you have been told. The dollar may rise briefly to something like 150, a level certainly not expected for a currency on the verge of a hyperinflationary collapse!" fofoa.blogspot.com/2009/12/gold-u…
2011: "If the financial system collapsed tonight and wiped out everyone's assets… the US dollar would spike on the currency exchange like never before. I could imagine it rising well above 100 on the USDX, maybe even to 150…" fofoa.blogspot.com/2011/04/big-ga…
Jan 9, 2019 • 10 tweets • 10 min read
@VictorCleaner@WhosThisGaltGuy@OccupyWisdom@burningfiat 1. Another said the Saudis were buying 20M oz/yr, or 622 t/yr (CB guaranteed paper), beginning in 1991, and he said they were buying even more than that per year by 1998. Doing the math, that’s around 4,500 tonnes total by 1998, or 145M oz.
@VictorCleaner@WhosThisGaltGuy@OccupyWisdom@burningfiat 2. That’s enough to cover all of their oil in the ground according to Another. He said that a little over 100M ounces was “equal to all the oil in Arabia”. Then Asian buying exploded the trading volume by January of 1997 and ended the oil for gold deal.
