MSN: The National Debt Level and Gold Prices Have a Connection That May Surprise You, Lear Capital Says
The amount of debt the U.S. government has acquired due to budget deficits may initially not seem to relate in any way to an asset like gold, which has maintained value for centuries. Historically, gold prices have often increased as the debt level rose, according to a new report from Lear Capital, a Los Angeles-based precious metals firm founded in 1997 by Kevin DeMeritt.
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