In an excellent collection of 50 charts, Ronald Stoeferle of Incrementum Liechtenstein presents fundamental data related to gold’s bull market and the too-big-to-fail debt bubble. The presentation is impactful, insightful and mandatory reading material for any gold investor.
The charts cover three major themes: gold, debt and economy, currency debasement. The debt bubble keeps on growing. The nominal amounts are beyond imagination. The key takeaway is the diminishing rate of return of a marginal unit of debt. In other words, central planners need to create increasingly more debt for less economic growth. These charts present a bearish case for fiat currencies and a bullish case for gold. Enjoy!