Raising US Debt Limit will cause GOLD to rise further
An amazing chart by Korea Investments shows how prices of GOLD have risen proportional to the increase in US Debt limit. IF the debt limit is raised this time by $2.5 trillion dollars then be ready to see another spike in Gold prices.
Rise of Gold prices can be due to several reasons. In my last post my have tried to compile a list of such reasons. Visit Quick List of Global Economic Problems and the Rise of Gold Prices.