Three Huge Factors In Gold’s Future

It’s not a mystery, the leading factors that will drive gold higher in the days to come.  

The are debt, de-dollarization, and war.  None of them are going away.  

We’ll keep it brief.  Here are three quick notes on these crucial factors.

The US national debt has crossed a revealing metric. Fortune magazine explains, “The national debt now exceeds the size of the entire American economy. As of March 31, debt held by the public stood at $31.27 trillion, while nominal GDP over the prior 12-month period was an estimated $31.22 trillion—pushing the debt-to-GDP ratio to 100.2%.

We are known for describing the ending of the global dollar standard as the most important monetary megatrend of our times.  And why not?  The US tried to eclipse the historical and dependable monetary role of gold with the post-war Bretton Woods Agreement. It appeared to work for a while until the legalized counterfeiting of the Fed and the weaponization of the dollar caught up with it.

So here is a window into de-dollarization.  China just keeps on buying gold.  They are buying the dip in gold prices right now, and bought 8 tons of gold in April.

War drives people to the gold safety zone.  Not just because it destroys productivity (the bombing of roads, ports, factories, not to mention human beings), but because it destroys entire currencies.  An additional factor for Americans to consider is that the US pays for its wars with money-printing, inflation.

Michael Shedock notes that the $72 billion US spent in 60 days of its Iran war are only the direct costs. It does not include countless other costs such as business lost, and rising gas and fertilizer costs.  

Keep an eye on debt, de-dollarization, and war.  And to see if your gold and silver portfolio is keeping up, visit with a Republic Monetary Exchange precious metals professional.

Don’t be caught up short.  Don’t be left behind.