Name: Why gold prices are about to skyrocket 50% higher
Uploaded: 2020-03-10T22:10:52.000Z
Duration: 1 min 38 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

That seems like a dramatic call, But let's think about this in context.

There's 250 trillion of debt in the world.

Okay, there's only 10 trillion worth of gold in the world.

So why couldn't there be 15 trillion worth of gold in the world?

It would still be a drop in the bucket compared to the amount of debt that's in the world.

It's still barely even registers against that in which time frame?

The amount of debt is growing tremendously.

Government's growing by billions and billions of dollars a day with corporations, they have to borrow more and more just a function.

Interest rates are negative, so they're being paid to borrow, So debt is growing really quickly.

So you're probably pushing the upper limits of $300 trillion of debt at some point. 00:00:58.380 --> 00:01:2.180  So I don't see that slowing down, and I think gold has to play catch up. 00:01:2.590 --> 00:01:10.590  So this is something that you see very quickly and I think it would catch people by surprise, but for in the way we're talking about it, it's not surprising at all. 