The United States is hosting a debt party – $2,000 gold is coming
By GCRU Gold News on Tuesday, May 9 2017, 12:07 - Permalink
What does this mean for gold?
Since the end of Bretton Woods, gold has followed debt. We saw a period of divergence, but this was quickly rectified by a spike of 500% in gold price.
Currently, we are seeing another divergence, and we believe another spike is in the works. While gold is already on the mends, the resulting rally can easily put gold over $2,000/oz. or more.
The world cannot fix its debt problem overnight. In the near future we see a sustained period of economic drought and gold price abundance.