MINING.COM(@mining):"We today have the same levels of debt that we had back in World War II. The difference is that back in World War II, about 50% of the Treasury market was backed by gold. Today it's about 3%," said @TaviCosta. He believes that gap between debt and gold backing is now closing. Watch the full conversation on our YouTube channel.

MINING.COM

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MINING.COM@mining

2026.08.20 20:31

"We today have the same levels of debt that we had back in World War II. The difference is that back in World War II, about 50% of the Treasury market was backed by gold. Today it's about 3%," said @TaviCosta. He believes that gap between debt and gold backing is now closing. Watch the full conversation on our YouTube channel.