Chart du jour – only one way for gold in our opinion…
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The chart below that I came across today literally jumped out of the screen and jabbed me in the eye.
It depicts the total of all outstanding debt in the U.S – consumer, Govt, business and mortgage although it EXCLUDES unfunded liabilities like pensions and medicaid etc. Laid edge to edge it would likely take you to the edge of the solar system and back!
And gold sits at $1270/oz? Thank you once more “Mr Market” for this buying opportunity. When the great reset comes then I suspect the price of gold will lterally go to the moon…
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