Vet67to82's Blog : The "What if?" equations

When I run my analyses, I run BOTH the Bull side AND the Bear side statistics. When I post observations I try to include BOTH, but, sometimes there isn't anything statistically significant to the flipside statistics. While anyone predicting GOLD at $3000, $4000. or $5000 per troy oz is making an unrealistic assessment ... but even that should get the qualifier: "AT THIS TIME." Think about it. The price of gold is an equation factoring in the gold locked in the Ft. Knox's of the world, the ETF's and  the average joe and jane with their wedding bands, neck chains, ... rings and bling.

 ( 1) There are about 7 billion people on the planet, if everyone wants 1 troy ounce of gold ... how many people have NONE? What price (BID)  would the people who have none be willing to pay? What price (ASK) would those who have gold be willing to surrender it at? ... therein becoming one of the "have none's." 

( 2) Now when the global population get to the projected 10 billion ... if everyone wants 1 troy ounce of gold ... how many people have NONE? What price (BID) would the people who have none be willing to pay?  Again, what price (ASK) would those who have gold be willing to surrender it at? ... therein becoming one of the "have none's.: That's the "What if?" math.

  Anyone without GOLD gets a sad "Smiley."