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Craig Hemke at Sprott Money: Explosive debt is one of many props for gold
5:37p ET Tuesday, July 14, 2020
Dear Friend of GATA and Gold:
The explosive increase in U.S. government debt is joining five other developments creating an outstanding environment for the monetary metals, the TF Metals Report's Craig Hemke notes today at Sprott Money:
-- Infinite fiat currency creation.
-- Economic contraction and stagflation.
-- Central bank yield curve control.
-- Increasingly negative real interest rates.
-- Record global physical demand for the metals.
Hemke's analysis is headlined "Total U.S. Debt Soars" and it's posted at Sprott Money here:
https://www.sprottmoney.com/Blog/total-us-debt-soars-craig-hemke-july-14...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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