As any experienced gold investor will tell you, the price of gold is directly correlated to US debt more than any other variable.
And since the US will run a $1.5 trillion deficit for the foreseeable future, you can bet the bank that gold is going much higher.
Doing simple math based upon long-standing historical trends, conservative estimates put gold at $3800 an ounce at that time.
Yet don’t be surprised if it’s much sooner than that, based upon a number of other emotional and supply/demand driven forces.
The question we have to ask is, how soon? And what can you do to protect your wealth and retirement before it’s too late? Continue Reading