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Do Gold Prices Rise Whenever the Debt Ceiling is Raised?
Posted By admin On August 4, 2011 @ 3:20 am In Money Watch | Comments Disabled
Washington’s Blog 
Aug 4, 2011
Garry White argues :
There is … an uncanny correlation between the gold price and the US debt ceiling. Over the past 30 years, the gold price has tracked the ceiling whenever it has been raised.
Do you think the chart shows a strong correlation or not?
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URL to article: http://www.prisonplanet.com/do-gold-prices-rise-whenever-the-debt-ceiling-is-raised.html
URLs in this post:
 Washington’s Blog: http://www.washingtonsblog.com/2011/08/does-gold-rise-whenver-debt-ceiling-is.html
 argues: http://www.telegraph.co.uk/finance/personalfinance/investing/gold/8678682/Gold-to-hit-2000-before-year-end.html
 this: http://www.washingtonsblog.com/2011/07/top-reserve-managers-predicted-that.html
 this: http://www.washingtonsblog.com/2011/07/gold-demand-outstrips-inventory-for.html
 this: http://www.washingtonsblog.com/2011/07/even-ben-bernanke-admits-that-gold-is.html
 this: http://www.washingtonsblog.com/2011/07/fed-chairman-bernanke-says-gold-is-not.html
 Image: http://www.prisonplanet.tv/
 The Imminent $2.5 Trillion Debt Ceiling Hike Will Unleash A Gold Price Surge To $1,950 And Higher: http://www.prisonplanet.com/the-imminent-2-5-trillion-debt-ceiling-hike-will-unleash-a-gold-price-surge-to-1950-and-higher.html
 Goldman Forecasts Gold Rally Amid Debt-Ceiling Confrontation: http://www.prisonplanet.com/goldman-forecasts-gold-rally-amid-debt-ceiling-confrontation.html
 Debt Ceiling Likely to be Raised Without Fanfare This Time: http://www.prisonplanet.com/debt-ceiling-likely-to-be-raised-without-fanfare-this-time.html
 S & P: America Could Default Even if Debt Ceiling is Raised: http://www.prisonplanet.com/s-p-america-could-default-even-if-debt-ceiling-is-raised.html
 Top Macquarie Strategist: Gold Is A Dangerous Bubble… And Prices Could Still Grow Many Fold From Here: http://www.prisonplanet.com/top-macquarie-strategist-gold-is-a-dangerous-bubble-and-prices-could-still-grow-many-fold-from-here.html
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