More from Nick Barisheff's article entitled Why Rising Debt Will Lead to $10,000 Gold.
This chart clearly shows that US federal debt (purple) and the price of gold (gold) are now moving in lockstep. This correlation will likely continue for the foreseeable future. The red line represents the repeatedly violated government debt ceilings.
CLICK ON CHART TO ENLARGE

If you think politicians will reign in spending and quit printing money, then DON'T buy gold. I have some oceanfront property in Arizona that might suit you better!

