Mark Valek: Proposal for the Federal Reserve to Revalue Gold to $5000
- US$50,000/ounce at least will be needed to solve the debt problem.
- Silver Bullion Published on Sep 26, 2018
Mark Valek, partner at Incrementum AG and co-author of the In Gold We Trust Report, comes on SBTV to discuss reasons for holding gold today and the case for the Federal Reserve to revalue US gold holdings to $5,000/oz – an idea proposed by Jim Rickards. We get Mark’s thoughts on how the world will look like with $5,000 gold.
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