Gold is worth $100 for every Trillion spent on the deficit.
2000 under Bush 3T=$300 Gold
2008 under Bush 8T=$800 Gold
2012 under Obama 16.2 T=$1620 Gold price
2014 under Obama 20.5 T=$2000 Gold price
We just have to wait. And if interest rates climb, faster the debt rises.
in 1980 the debt was almost 1 Trillion=$100 Gold price.
Ofcourse there was a frenzy to buy Gold that toook it up 8X what it was really worth to whopping $850
By 1986 the debt was 2+ Trillion, and Gold was $260. A fair price.
Im very impressed that you discovered that. But the dollar usedf to go down whenever gold went up as well and that has stopped working as consistantly. How can we be certain this trend will continue? Even look at silver, historically, if I am wrong correct me, but silver used to be a 1-15 ratio to gold. Now it is almost 60 times as cheap. That didnt hold up either. Any comments?