Bikoo you asked what would price of gold be based on money supply
Bikoo you asked what would price of gold be based on money supply. James Rickards computed price would be $10,000 if equal to M1, over $50k if compared to M2 of U.S. ECB and China. But this calculation was before Feds recent trillions buying spree starting back last Oct (Repo’s) then Covid
May 2016
Thanks FAN
He is expert.
Also recently Lyn Alden put out a chart gold vs M2 per capita