Wednesday, October 19, 2011


Will our National Debt be trillions higher than today in a few years? If you think the answer is yes, than buying physical gold today is a good idea. It’s that simple. Just look at the chart.
“Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the best money; as the commodity providing the most stable and desirable monetary medium.”
The above chart shows a very clear correlation between the US Federal debt and the price of gold. If the current trend continues the US debt would reach $23 trillion in 2015 and if the correlation remains the same the indicated gold price would be $2,600 per ounce.

No comments:

Post a Comment