UK’s Massive £5 Trillion Plus Real Debt Will Result In Currency Crisis (GoldCore Video)

Theresa May Quits As PM - Gold In British Pounds Reaches £1,015 Per Ounce

] While all the focus is on Brexit, the UK faces a debt and currency crisis UK has over $8T in external debt: 2nd largest debtor in the world after the U.S. True UK government debt exceeds £5 trillion as pension liabilities not in official numbers Total UK national nominal debt surged over £2 trillion; … Read more

Coming Great Global Gold Reset As Global Debt Hits $246.5 Trillion

] ◆ In the first quarter of 2019, global debt hit $246.5 trillion ◆ Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone ◆ It reverses a trend that started in the beginning of 2018, of reducing debt burdens, … Read more

$255 Trillion Global Debt Bubble May Burst In 2020 – Prepare Now

$255 Trillion Global Debt Bubble May Burst In 2020 - Prepare Now

] Source: Bloomberg ◆ Global debt has risen to another record at $255 trillion due to cheap borrowing costs. ◆ A decade of easy money has left the world with a record $250 trillion of government, corporate and household debt. ◆ This is almost three times global economic output and equates to about $32,500 for … Read more

Gold Gains 3% To $1,672 and Silver Surges 5% To $15.40; Goldman Warns Of $3 Trillion Explosion In U.S. Debt

Gold Gains 3% To $1,672 and Silver Surges 5% To $15.40; Goldman Warns Of $3 Trillion Explosion In U.S. Debt

] ◆ Gold surged 2.9% and silver by 5% yesterday, with futures leading the way higher with gold reaching it’s highest price in more than seven years ◆ Investors are diversifying into safe haven gold to hedge themselves from the coming destruction of balance sheets, trillions and trillions of fiscal and monetary stimulus and a … Read more

Pandemic, Economic Shutdowns, Debt Crisis and Gold At $5,000/oz

Pandemic, Economic Shutdowns, Debt Crisis and Gold At $5,000/oz

] ◆ GoldCore are delighted to publish the 14th edition of the annual “In Gold We Trust” report, “The Dawning of a Golden Decade” by by our friends Ronald-Peter Stoeferle & Mark J. Valek of Incrementum AG. Gold prices should rise to over $5,000/oz and may rise as high as $9,000/oz in the coming decade … Read more

Trump or Biden? Positive Outlook for Gold as U.S. Debt Heads Towards $30 Trillion

Trump or Biden? Positive Outlook for Gold as U.S. Debt Heads Towards $30 Trillion

] Ignore the noise of the Trump or Biden Presidency and focus on the dollar and gold’s fundamentals Election day 2020 on November 3rd is now only a matter of days away. The Trump versus Biden battle has been and will in the final days, continue to be one of the most viciously fought elections … Read more