US DEBT TO GDP RATIO HITTING CLOSE TO 150% ( HIGHEST EVER )2nd highest debt to gdp ratio was 119% .. that's back in 1946 after WW2 ended and Truman's 1st term budget and recession took place.
Reagan debt to gdp ratio ~~> around 31% ( low )
Clinton debt to gdp ratio ~~~~> around 60% ( getting high )
Donald Trump Administration debt to gdp ratio ~~~~~~~~~~~~~~~~~~~~> close to 150%
If Biden wins ... US debt to gdp ratio still going to go up ~~~~~!~~~~~~~~~~> probably to 250% or higher
Gold and Silver is now in its 3rd Mega Rally , the FED can no longer jack up rates to 3% or 6% like it used to do. Those days of high interest rates are long gone, United States now living with a MONSTER DEBT that's only going to get bigger and bigger heading into 2021, 2022, and 2023.
You won't see a blow off top on this coming 3rd Gold & Silver MEGA RALLY .. rates are heading to zero and negative ............ it took 6 years for Obama and the Fed to get US out of the recession. Biden gets into office, he's going to use the same old trick just like what Trump is doing now by adding more and more debt for America. UNLIMITED MONEY PRINTING
Can US DEBT TO GDP RATIO go to 300% ?? it sure can
GOLD is heading to $3000.00-$3400.00 us and later to $4000.00 us
SILVER is on its way to take out $30.00 us in the coming weeks and break the all time high of $49.70 in the months ahead.
Gold $4000.00 / Silver $500.00
I believe in the Gold / Silver price ratio of 8