Commodity Trade Mantra
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Posts Tagged ‘Gold and Debt’

Gold and Debt: Astonishing Comparisons

For the United States over the past decade, official debt increased at about $160,000 for every ounce of gold mined in the US. US government expenses are so large that the government spends the equivalent of its entire (official) gold hoard, at current prices, every 30 days. Bet on rising gold prices.

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