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Re: Does the New York Times confirm deflation spiral theory or signal the end of disinflation?
I said it and will say it again:
Who gives a flying rat about the IMF selling their Ag?
Lets think about it this way; 400 metric tons of gold is equal to 12860298.5 troy ounces.
Based on a gold price of $1,000 per t.ounces, that gives us...
...
...
...
12,860,298,000.5 ... or
$12.9 billion
That is less than 3 calendar days of US deficit.
Welcome to twilight zone
(psst;do NOT sell you physical bullion until EJ says so).
I said it and will say it again:
Who gives a flying rat about the IMF selling their Ag?
Lets think about it this way; 400 metric tons of gold is equal to 12860298.5 troy ounces.
Based on a gold price of $1,000 per t.ounces, that gives us...
...
...
...
12,860,298,000.5 ... or
$12.9 billion
That is less than 3 calendar days of US deficit.
Welcome to twilight zone
(psst;do NOT sell you physical bullion until EJ says so).
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