GOLD gold futures
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gold breaks out, page-144

  1. rowingboat
    3,439 Posts.
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    10/10/12
    15:44
    Post #: 10840319
    Notional GDP closely correlates with the inflation rate. Here's a cool interactive chart...

    USA notional GDP, 1960-2012

    US GDP is rising again, similar to pre-GFC rate. If it keeps going will hit $20 trillion around 2020. Notional rather than real GDP is what matters when it comes to debt service.

    If America can keep borrowing at such low interest rates, there's no problemo if inflation/GDP keeps rising until such time as the real (private) economy kicks into gear again.
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