There are many fundamentals that drive the gold price, fear of Governments, fear of inflation an out of control money supply, fractured political systems and a central banking cartel devoid of any real understanding that what they do does not work never has and never will.
The only people buying that early were quants and huge hedge funds. The question, then, was: What factors or models were the quants using to uncover gold’s meteoric rise this year?
The U.S. national debt currently sits at $19.5 trillion, which is actually such a large number that it is truly difficult for the average person to comprehend.