Can gold hit $50, 000 an ounce by 2022? Luke Grohmann says yes! George is going to explain in three simple fast steps: (1) The Government is Insolvent, (2) Revalue Gold, and (3) Unattended Consequences.
Revaluing gold by fifty thousand dollars per ounce is a very simple, clever, and kind of wonky solution to lower the debt to GDP ratio and it might make a lot of you watching this video extremely rich. At the end of the day, it’s far from a panacea and we all have to remember that there is no free lunch.
The only way that we can get rich is by increasing our productivity and creating more goods -and services. It’s never going to come through financial engineering.
For more Content that will help you build wealth and thrive in a world of out-of-control banks and big governments check out the full video.