Before i start.. the US Dollar is a gonner within 5 yrs from now.. in order to prevent the US Dollar from total destruction or shall i say extinction.. The US Dollar have to go back to some sort of Gold & Silver Standard again.
The US government currently holds about 260 million ounces of gold.. according to their data.
The monetary base is hitting $3.2 trillion // to calculate the genuine gold price .. you divide the US gold reserves by the monetary base.. GOLD PRICE will be $12,300.00 oz
Since Bernanke is doing unlimited QE .. Gold price should hit close to $16,000 by year end.