Vanek: If gold is taken as broad currency, it will reach $184 thousand

Vanek: If Gold Is Taken As Broad Currency, It Will Reach $184 Thousand



Vanek did the math to find the “right price of gold” if central banks are in constant demand to restore its role as a global reserve asset. Each ounce of gold is estimated to sell for $184,211 if taken as broad money. Vanek, if adopted, would put Gold at $184,000. […]

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