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.

US debt ceiling vs Gold

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.

Hitesh Anand

I am a post graduate from Newcastle University, UK. I like studying and analyzing economic data and financial health of world.

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