Total US Government Debt Trillion. Total of U.S. Federal, State & City Debt Exceeds $200 Trillion Dollars. Too Many Trillions. Rapid Maturity. Leverage Plus Leverage. Circling Vultures.
Crucial to understand that there are 3 key changes taking place: a) Change of the tide in monetary policy (see charts), in the global monetary order and in technology with the advent of crypto currencies and the blockchain ...
These geopolitical events and economic data points will provide the near term direction for stocks, bonds, and most importantly the next direction in gold and silver.
Gold is extremely rare, impossible to create out of “thin air”, easily identifiable, malleable, and it does not tarnish. That’s why it’s been used by people for centuries as a monetary metal, a symbol of wealth, and a store of value.
A look at the historical relationship between UK house prices and gold (including some great charts). Your money is better off in the yellow bricks than bricks and mortar.