Real National Debt - Not as high as we think?
When you take the total public US Federal debt divided by gold you get this chart.
Interestingly it shows we are in the middle of several year range. Maybe our current debt isn't as bad as we thought?
Note that I call this our "Real" National Debt because gold helps take out all the money printing and serves as a better store of value and/or currency.
2018 shows the highest ever 'real' debt according to this data which was under President Trump.
Interestingly it shows we are in the middle of several year range. Maybe our current debt isn't as bad as we thought?
Note that I call this our "Real" National Debt because gold helps take out all the money printing and serves as a better store of value and/or currency.
2018 shows the highest ever 'real' debt according to this data which was under President Trump.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.