A single datacenter requires as much electricity as a fairly large city. For example, one datacenter now consumes 1/3 the electricity that a major city like Dallas consumes.
With bullion trading near record levels and whispers of U.S. gold revaluation circulating in policy circles, the concern is understandable. History is never far from investors’ minds, and the shadow of 1933 still looms large.
The Bolivian central bank has been buying gold from local miners, having it refined abroad (in Turkey), and then liquidating the bullion for dollars to service its debt.
Clark says the biggest blind spot in mainstream coverage is the mining stock opportunity. Despite some miners doubling or tripling year-to-date, broad investor participation is minimal.
Rumors of gold revaluation have been in the news lately. One thing is clear. Politicians have no interest in using the nation’s gold reserves for anything like the original purpose.
For liberty to advance, a critical mass of the public has to understand and support it. That doesn’t have to mean a majority, or even anywhere near it. But some baseline of support has to exist.
