Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Citi's Tom Fitzpatrick: Gold and the US Debt Limit Correlation

IMG Auteur
Published : May 25th, 2013
103 words - Reading time : less than a minute
( 1 vote, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Trillion

According to Citi's analyst Tom Fitzpatrick in his interview at King World News:
"As can be seen from the chart, Gold has never stayed below that “stairway to hell” for very long. Given that the debt limit number is going to continue higher, a re-emergence of Gold strength looks inevitable.

A lot of 'considered opinion' suggests that by the end of the present electoral term (the end of 2016 when new presidential elections take place), that the US debt limit will be at around $22 trillion USD."

Tom has a number of interesting charts which you can see at his KWN interview here.


<< Previous article
Rate : Average :5 (1 vote)
>> Next article
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
Opta Min.OPM.TO
Schedules First Quarter 2015 Financial Results Release
CA$ 1.31+0.77%Trend Power :
Financials
IthacaIAE.L
Ithaca Energy Inc. Announces Sale of Norwegian Exploration Business
GBX 51.25+3.54%Trend Power :
Corporate news
Forum Energy(Oil)FEP.L
Forum Energy beats 1Q profit forecasts
GBX 17.50+0.00%Trend Power :
Corporate news
First Majestic(Le-Zn-Au)FR.TO
NYSE stocks posting largest percentage decreases
CA$ 5.85-1.68%Trend Power :
Corporate news
Adriana Res.(Au)ADI.V
Adriana announces that it has filed a NI 43-101 Technical Report on the Lac Otelnuk Project on SEDAR
CA$ 0.11+0.00%Trend Power :
Corporate news
Sherritt International(Co-Coal-Ni)S.TO
Ambatovy Plant Strike Action Resolved
CA$ 2.18+4.31%Trend Power :
Corporate news
Claude Resources(Au-Cu-Ngas)CRJ.TO
Provides Date for Q1 Results and Conference Call
CA$ 0.63-3.08%Trend Power :
Corporate news
Claude Resources(Au-Cu-Ngas)CRJ.TO
Provides Date for Q1 Results and Conference Call
CA$ 0.63-3.08%Trend Power :
Corporate news
Stealth Ventures(Ag-Au-Cu)SLV.V
IIROC Trading Halt - SLV
CA$ 0.01+0.00%Trend Power :
Corporate news
Stealth Ventures(Ag-Au-Cu)SLV.V
Stealth Ventures Inc. Appoints Mark Roseborough as interim CEO and CFO Effective Immediately
CA$ 0.01+0.00%Trend Power :
Corporate news
Comments closed