Loading ...“In those days, the U.S. gold reserves were only valued at $35 per ounce and still represented 26% of outstanding dollars. Today at $1,360 per ounce, reserves represent a measly 1.5%,” he said.” – British billionaire Crispin Odey
British Billionaire Crispin Odey Places 86% Bet On Gold
Comment: Odey provides a chart of his holdings which I think is a pretty gutsy and transparent move. As I view it, it is all in paper gold. ?? Perhaps he soon will awaken to the idea of holding some ounces.