The Gold Vault: Debt, debt ceiling and gold correlation

Historical charts, perspective chart, fundamental analysis of precious metals and insight into the precious metal market.

Monday, August 1, 2011

Debt, debt ceiling and gold correlation

Debt, debt ceiling and gold, there seems to be a very good correlation.

Source: ShareLynx

Christina J. Kruger
www.thegoldvault.blogspot.com
Copyright (C) all rights reserved

Posted by Gold Vault at 9:20 AM

Email This BlogThis!Share to X Share to Facebook Share to Pinterest

No comments:

"Buy on the sound of cannons, sell on the sound of trumpets"

is an old trading adage attributed to Nathan Rothschild in 1810

Subscribe via email

Subscribe to The Gold Vault by Email

Follow us on Twitter

A Global Advisor

Gold Vault: Blog with historical charts, perspective charts, fundamental analysis of precious metals and insight into the precious metal market. For advise, gold storage and assistance in selling and buying gold as well as other precious metals contact us at www.cornupia.biz

View my complete profile

One day, the price of capital will reflect its underlying scarcity, because one day it must

But in the meantime we think very carefully about the capital requirements of the businesses we own, growing increasingly wary of those which depend on artificially cheap “financial capital” for their survival. We note in passing that physical gold bullion is the oldest and purest capital there is...

The moral for the steward of capital? Success in the long run requires that thought and action be fully independent from the false ideas of the herd.