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In this video, I discuss how gold could get to $13,000.
In this scenario, the Federal Reserve would write up the price of gold, in order to increase the value of the US Treasury’s gold holdings.
The US Treasury would then issue gold certificates to the Fed, in exchange for a cash infusion to the Treasury General Account (TGA).
The Federal government could then spend those trillions of cash into the US economy, massively growing GDP and shrinking the debt/GDP ratio.
This is an unlikely scenario, but still possible. Under this scenario, Bitcoin would reprice into the millions overnight.
Not investment advice! Consult a financial advisor.
US debt clock:
Financial Accounting Manual For Federal Reserve Banks:
Federal debt to GDP ratio:
US Treasury General Account:
Money printer go brrr:
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