here's a good indicator of that nibble by nibbling trend worsening in US debt/gdp ratio
https://usdebtclock.org/
US debt/gdp according to that site was 128% ~2.5 months ago
now 130.96%
thats the constant erosion driving the upward trend in US gold/silver price - but there are big secondary pivots from
- what US 10-30 year bond yields vs cpi/cpe are,
- the big 'one off shunts' from 'US emergency spending' bouts - or the failure of them to occur - USD gold $2080 was expecting $US2T + stim last August that didnt occur
- and ofc USD pricing - which is like a big hidden gravitational field
EVN chart, page-1409
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$4.11 |
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