According to this chart by Santiago Capital, the price of Gold would have to be up to $53,000/oz. to fully back Monetary Aggregates (M0, M1, M2).
The current spot price of gold is $1330/oz.
http://www.jsmineset.com/wp-content/uploads/images/dfd8adffa923_8C00/clip_image002.jpg
This post first appeared on Random Thoughts From An Organized Mind, please read the originial post: here
