A 400-troy-ounce gold bar is worth about $780,000. Suppose you launched a startup to sell gold bars for $60,000 each on a street corner. If you sell 75 of them, your income statement would look approximately the same as Donald Trump’s bizarrely overvalued truth social platform. It’s fun to watch its market cap plummet!
Nobody asked me but I would urge President Biden to debate Trump this year if and only if the rules mandate turning off the mic and camera of the candidate who is not speaking.