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When the US Treasury website refreshes tomorrow (following the holiday weekend), we will see that the United States Total Public Debt Outstanding is now over $13 Trillion.
If we think the US Dollar is safe with that kind of debt imbued into the DNA of every printed greenback, we are living in a fantasy world. As the Euro, UK Sterling, and US Dollar are repriced to accurately reflect their hollowed bones, Gold (NYSE: GLD) may seriously be the only trustworthy currency in the world.
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