you’re stuck playing a long game with that, then that just means you have no short game.
luke: i think the alternative is ready to go at a moment’s notice. i just think, to your point, i don’t know why they haven’t. if china and russia agree that the value of the gold sitting on all their books is 1,000 barrels per ounce, not 25 barrels per ounce, i assure you there’s plenty of dollars out there. supply of dollars is simply a function of the gold price, if you look at where the gold is now sitting.
and why they haven’t done that yet? i don’t know. it could be any 