This analysis has been contributed by CrushTheStreet.com.
A Convergence of Trends are Playing Right Into the Hands of Gold.
Gold just hit a 52-week high, and the confirmation of this bull market trajectory is getting more decisive by the day. This next move up could be a Bitcoin-type surge, and those spring-loaded to the upside could make a fortune.
We are past the point of no return, and the day of reckoning is starting to show its ugly face. Out of control government spending is spiking the official U.S. debt, which is now over $21 trillion, but what is rapidly adding fuel to this fire is the rising interest rates that are wrenching higher:
Interest payments just hit an all-time high in the last quarter of 2017, while interest rates were still essentially at historical lows. Just getting back to where the Fed would like to go (3%)…