LIVE! ITS OVER... THE ECONOMIC FREEFALL WORSENS... "MUSHROOM CLOUD ECONOMY" IS DEAD AHEAD. Mannarino
From Greg M
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GOLD PRICE IS RIDICULOUS
At $2,920, all the gold officially held by Central Banks is $3 trillion
Just one US stock – Microsoft – has a market cap of $3 trillion.
How can the value of a SINGLE AMERICAN COMPANY equal the total central bank gold holdings?
It tells us, how overvalued stocks are; and that the gold price is ridiculously low…
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