Debt doom loop drives gold to $15,000
The case made was that the US debt bubble has reached a point of no return, entering a 'doom loop' that will force a monetary reset, driving gold to $15,000.
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The Callback
Physical supply tightness drives structural precious metals bull case
57 weeks between these two statements.
The bull case for gold was framed as a hedge against the inevitable devaluation of the US dollar, which the guest argued is the only politically feasible way to manage the nation's massive on- and off-balance-sheet liabilities.
The case made was that the US debt bubble has reached a point of no return, entering a 'doom loop' that will force a monetary reset, driving gold to $15,000.