If the world Returned to the Gold Standard28 Feb 2021 10:34
"Jun 02, 2020 Β· If gold only had to back the $1.89 trillion in notes and coins that are in circulation as of April, then the implied price of gold is around $7,225. A global view of the gold standard. If looking beyond the U.S., Invesco analysts note that the World Gold Council estimates that official entities held 33,919 tons of gold at the end of last year. "
Now add on more stimulus packages . bonds you name it. Its a powder keg