Does anyone follow the precious metals market? Mainly the likes of gold and silver or the financial exchanges like the LBMA( London Bullion Market Association)? I'm really curious what you think the implications of LENR will have on these financial markets. If LENR can transmute elements...IE from X to gold.... What will happen to the current price of said precious metal?
See - I hold a lot of gold and silver in a 3rd party vault...its an investment, financial insurance, etc. The price of gold has been tied to the 'petrodollar' since roughly 1970 ~
While the per oz price of gold has gone dramatically higher in those fifty years (from $40 an ounce back then to current market price of $1200). Lots of countries across the globe are working to "dedollarize" - IE, get away from the economic stronghold the United States has on every other country (wars are no longer fought on the ground, but in the financial markets). But countries like China and Russia are stock piling gold....and other countries are repatriating their gold from foreign vaults..... ( just look what happened to the price of gold in venezuela dollars since their financial collapse started - skyrocketed!)
But its a chicken and egg? If the deep state of industrialized countries know LENR technology is coming...which will completely crush the petroleum market.... why are they also stock piling gold....mainly since the great recession of 2008?
What say you....