Gold’s Rally Past $4,600 Is All About US Debt Fear - TradingView

Gold’s Rally Past $4,600 Is All About US Debt Fear - TradingView

Source: TradingView

DW NOTE

The U.S. deficit is running at 6% of GDP with 10-year yields at 4.69%. Every hundred basis points of additional yield costs Washington $330 billion in annual debt service on $33 trillion outstanding. Gold at $4,681 isn't pricing fear — it's pricing arithmetic.

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