You take the total gold in the world ever mined; it’s about 17 trillion dollars, which is about 200,000 tons. I think this is so fascinating: the top 10 U.S. companies are valued at 18 trillion dollars.
The total value of gold is 17 trillion, and the top 10 companies are worth 18 trillion. So, basically, 10 companies are valued at a higher price than all the gold ever mined in the world.
That includes jewelry, which means that’s the only real money there is in the world. All the rest is paper money, and still, nobody in the West buys gold.
Microsoft is valued at 3 trillion, and all the central bank gold held in the world is just over 3 trillion. It just doesn’t make sense, the value.
This is why you and I believe that we are going to see a revaluation of gold not too far away.
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