#1 Wed, Sep 17, 2014 - 7:59am
Gold's Price Tracked U.S. Debt Levels Until 2013
Here is a new chart from Sharelynx showing the correlation of U.S. debt vs. the price of gold.
You'll notice an almost direct correlation between the US debt levels and the price of gold from 2000-2013.
From 2013 through the present, the correlation has diverted significantly.
2013 was the year when massive naked short selling of gold began taking place.
Take a look:
Edited by: Smaulgld on Nov 8, 2014 - 5:30am