Gold: World's new Currency

China had set the parity of gold at nearly 1g of gold to 1 barrel of oil.



"1 g of gold = 1 barrel of oil"

So, for simple calculation say 1 barrel of oil is USD 55.

1g of gold is USD 55.



But, China imported 800k barrel of oil per day from Saudi Arabia and pay in gold. So, in a year China will need 292 millions barrel of oil which is equal to 292 tons of gold. This would eventually dry up China and the world supply of gold, leading to an upward trajectory of gold price.



Therefore, gold parity should be set up eventually to "0.1 g of gold = 1 barrel of oil"



So, 1 g of gold equal 10 barrel of oil or USD 550.

So 1 oz of gold or 31.1g of gold should worth USD 17,105 in the near future. OMG! What a calculation.


This would eventually bring the price of 1g of silver to USD 13.75 (within the current Gold to a Silver ratio of 40:1).


If this were to happen, this would be the new beginning for the new world order using gold and silver back currency and the demised of "fiat currency."


"Gold and Silver are the currency that will remain to have storage in value!"


Good Luck! Amigo!


Yours Sincerely,

Dr Lion.