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Gold's Rise in a World of Debt -- expats
| Gold's Rise in a World of Debt The above chart is the centerpiece of a presentation by the Bullion Management Group's Nick Barisheff, who argues that " Rising debt will lead to $10,000 gold ." And he reminds that "it's not just the US. Most Western economies have reached unsustainable levels of debt that will be impossible to pay off." This is echoed in a comprehensive report by Spiegel on "The danger debt poses to the Western world." It estimates that world debt at the end of 2011 was $55 trillion , more than double what it. .The above is a snippet from a post in the Pedal to the Metals RSS Feed. The link below is for the full post: |
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