Published: 2022.09.07. $50,000 Gold on the Gold Standard

$50,000 Gold on the Gold Standard - Preview

The head of finance at TallyMoney and author of The Golden Revolution believes that the price of gold will rise to $50,000 an ounce if the world returns to the gold standard currency system: in relation to gold. According to my calculations, a price of about $50,000 per ounce would be appropriate if we returned to an international monetary system based on gold.”
Butler believes that the transition to the Gold Standard is inevitable if the US loses its economic superiority and the world becomes multipolar: "Gold provides a game-theoretic monetary equilibrium for a multipolar world, which, nevertheless, is highly dependent on international trade."
Regarding the position of the United States, he said the following about this: “At the end of World War II, the US economy accounted for about half of the entire world economy. Today it is only 20%.... If we simply extrapolate this trend, then eventually the States will lose economic primacy, whether they maintain military superiority or not.
Butler summarized the virtues of gold as follows: “The fact is that no one can print gold and no one can create gold out of thin air. It's nice to know that mother nature determines how much gold is available to people..... The precious metal facilitates all the positives of international trade while mitigating the potential negatives of currency manipulation."