Gold’s Rally Past $4,600 Is All About US Debt Fear - Benzinga
Gold’s Rally Past $4,600 Is All About US Debt Fear - Benzinga
Source: Benzinga
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DW NOTE
Gold at $4,681 reflects a 12.9% monthly gain driven by the Hormuz constriction and fiscal trajectory, not some sudden debt panic. The U.S. deficit is $1.9 trillion this fiscal year — the same it was when gold was $2,000. The rally isn't about discovering a problem; it's about pricing the government's fixed intention never to solve it.