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 8% and Silver 18% In Week As Fed Balance Sheet Tops $5 Trillion

Gold Gains 8% and Silver 18% In Week As Fed Balance Sheet Tops $5 Trillion

] ◆ Gold and silver coin and bar shortages continue globally due to massive demand and a breakdown in supply (see News this week). NEWS and COMMENTARY Gold eases on profit-taking, but poised for 8.5% gain in week; best week in 11 years The Gold Market Is Being Tested Like Never Before South African Gold … 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

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

$1.9 Trillion American Rescue Plan Positive for Gold

$1.9 Trillion American Rescue Plan Positive for Gold

] The Massive $1.9 Trillion American Rescue Plan is Just the Start Massive $1.9 Tr. American rescue plan to affect markets Yellen takes over at US Treasury, what to expect More spending initiatives to come How all this is positive for gold and silver prices The Biden Administration’s policies are positive for gold and silver … Read more