An Incredible War In Gold Is Raging Near $1,200
December 19, 2013
On the heels of a continued smash in the gold and silver markets, today a man out of Europe who has been extremely accurate with his calls on the gold market sent King World News a fantastic piece as the incredible war in gold continues to rage near the $1,200 level. KWN was given exclusive distribution rights to the outstanding piece below by Ronald-Peter Stoferle of Incrementum AG out of Lichtenstein.
By Ronald-Peter Stoferle, Incrementum AG Lichtenstein
December 19 (King World News) – Excessive Structural Debt Suggests Further Increase Of The Gold Price
Even if market participants are currently focused on the debt problem within the Eurozone and its peripheral countries, the situation in the UK, the US and Japan seems to be just as precarious. The Western world and Japan have amassed the highest level of debt ever in times of peace – although the demographic outlook is dire. The following chart shows the Total Federal Debt in the USA since the end of the Bretton Woods Agreement in 1971.