Why Higher Debt Could Bring $5,000/Oz Gold Prices

“Increased debt does create larger growth in gold prices, so the country is going to be in rough shape, but our clients are going to benefit from their gold positions.”

— Steve Rand, Scottsdale Bullion & Coin Senior Precious Metals Advisor

Have you been considering buying gold and silver because you’re worried about the rapidly ballooning national debt ($27 trillion), the falling dollar, and the runaway spending and taxation under the new Democratic administration?

Well, history just gave you another reason to invest in precious metals: Higher Debt Can Bring Higher Gold Prices. How high could the price of gold go? $5,000 an ounce.

Why? It’s happened before. During Obama’s first term. Public debt soared 88%. Gold prices? They skyrocketed. 171%. Read that again: the price of gold rose an astounding 171% during Obama’s first term.

That was then. Why would this happen again?

Modern Monetary Theory: The Fed’s New Long Game

Because the parallels between Obama’s and Biden’s first terms as president are uncanny, starting with the return of Janet Yellen to the position of power over America’s financial system.

The former Fed Chairwoman who oversaw the massive quantitative easing policies of the Great Recession is now the Treasury Secretary—and she’s on the same page with Jerome Powell about one thing: Modern Monetary Theory (MMT). It’s the Fed’s new long game. Not a temporary fix like QE was in 2009. No, they’re going to take this experiment as far as it can go under the Democratic majority.

What if the End Game for their experiment is now, though?

Because if it looks like a ticking time bomb and acts like a ticking time bomb, you know what? It probably is.

Have you taken steps to protect your wealth should MMT blow up America’s financial system? Tomorrow? Or next year?

Get the facts you need to diversify your portfolio with gold and silver now. Order your FREE Precious Metals Investment Guide today.

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$5,000/oz Gold Price? Why MMT Could Trigger Massive Rally | The Gold Spot

If you’ve been looking for a hedge against all the Fed’s money printing, then you just got another reason to buy gold: the price of gold could soar to $5,000/oz under President Biden. Why? Because his presidency will be like Obama’s on steroids.

With QE Queen Janet Yellen overseeing the Treasury, Modern Monetary Theory (MMT) Master Jerome Powell manning the Fed, and the Democratic majority in Congress, you can count on one thing: MASSIVE PUBLIC DEBT. It grew 88% during Obama’s first term. At that same time, the price of gold jumped 171%. Apply that to today’s gold prices, and you could see $5,000/oz gold.

Modern Monetary Theory is here to stay, but gold prices are taking off. See precious metals advisors Eric Sepanek and Steve Rand give their full analysis of Obama’s versus Biden’s first term in office in the video above. Watch Now.

Get the Facts You Need to Navigate a Shaky Financial System:

What Is the Fed’s Modern Monetary Theory Experiment? See Here: https://www.sbcgold.com/blog/modern-monetary-theory-experiment/

Why It’s End Game Times for MMT. Get the Full Report:
https://www.sbcgold.com/blog/the-end-game/

How Can You Protect Your Wealth from Modern Monetary Theory? Watch This: https://www.sbcgold.com/blog/how-to-protect-your-wealth-from-modern-monetary-theory/

Why Gold Is Your Life Raft from Rising Government Spending and Taxes. Get Expert Analysis Here: https://www.sbcgold.com/blog/gold-your-life-raft-from-rising-government-spending-taxes/