Will the Bomb Explode, Igniting Gold?

From sunshineprofits.com

The bomb can explode one day. And I do not mean here missiles from North Korea, Iran or China. Neither I think about the viral threat - the coronavirus bomb has already blown up in spring, dragging the world into deep economic crisis. I have in mind the U.S. debt bomb. Just take a look at the chart below. As one can see, the public debt has reached 107 percent of the GDP even before the pandemic. And it further increased in the second quarter of 2020, possibly even to around 137 percent, according to the U.S. National Debt Clock. Although the surge in the ratio of debt-to-GDP partially resulted from the unprecedented ... (full story)