Tag Archives: ratio

The Value Of The Dollar!

Fort Knox, the U.S. official gold storage facility, claims to have a little over 147 million ounces. That amounts, in today’s gold value, to about $300 Billion. Our debt is $35 Trillion officially (likely much more! That means that the U.S. has less than 1% backing of its currency, the dollar! Therefore, to have full […]