There is wisdom hidden in this joke of a Trillion dollar coin.

Gold’s ultimate purpose is to balance the balance sheet of a long term deficit spending nation at the brink of bankruptcy. Gold is triggered into its natural state to balance by a fast, significant drop in the currency of that deficit nation, most certainly a reserve currency if even by default instead of choice.

The ultimate price of gold in the cash market will set into balance the madness of spending and increasing debt so prominent now. So as silly as the platinum coin is, the value of gold is sound and will be the means of recovery in time.

The above from Jim Sinclair yesterday`s notes.

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FWIW; Today the Dutch have given notice getting their Gold back from the USA Fed banks as well!!

Rgd`s, delazus