OK, here's the deal, Jim Rickards, former CIA Forensic Financial Analyst* has looked at current events, the economic and political climate, and the state of "alt-investments" and came up with a pattern. He says TRUMP is setting up to put the U$A back on the Gold Standard VERY SOON! The date is 1-1-2018 which is less than 4 months away!
He states that Trump has the almost unprecedented opportunity to completely refashion the Federal Reserve Board, Obama left open 2 seats, 1 more has announced a retirement, and the Chairman's term expires, along with 2 deputy chairs. There are only 9 seats total, and Trump can stack the board with Gold Bugs :D
It's all in the article, plus more, but Rickards also calculates that using the original Federal Reserve charter formula, backing the U$D in Gold at 40% levels would necessitate rice levels of $10,000/ozT!
TEN GRAND per Troy Ounce!
Here's the link to a video presentation, but you can click off the tab and it will throw up a "read transcript" option.
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image credit: https://goldswitzerland.com/
DISCLAIMER: I am not associated with Jim Rickards, the linked website or any other folks in the retailing of Gold, Silver, or other equities that may be affected by going back to a Gold Standard. Posted for Informational Purposes ONLY!!!