Coming Great Global Gold Reset As Global Debt Hits $246.5 Trillion

CEO, GoldCore • Nov 1, 2019 at 9:56 AM EDT

In the first quarter of 2019, global debt hit $246.5 trillion.

Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone.

It reverses a trend that started in the beginning of 2018, of reducing debt burdens, when global debt reached its highest on record, $248 trillion.

We’re not sure when the global reset will happen, or what will be the trigger – ie. a corporate debt timebomb that could crash the global economy. Almost $19 trillion dollars of debt is owed by companies that don’t earn enough to cover interest payments.

We are absolutely sure the reset will happen and gold will play a very important role in the transition to a new world currency.

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