- Gold Trading | July 6, 2017
The world is awash in too much debt, be it household, corporate or government. Gross global debt is at $152 trillion, an all-time high 225% of world GDP. At some point, central banks will be forced to engineer higher inflation rates to lessen the burden of all this debt. Realizing this, investors can be expected to embrace gold as the ultimate safe haven. Gold bulls should prepare to be patient.