Kitco.com – $5,000 gold price ‘is not that far out’ – Rob McEwen
McEwen said that rising debt levels put the possibility of sovereign default as a real risk of investors.
“The debt loads right now are pretty frightening in the U.S. and many other countries around the world as a result of what’s happening, to do with COVID. There’s a threshold when the debt to GDP gets to a 130% of GDP, there’s a very real likelihood of a default,” he said.