Please explain this to me like I'm retarded. I don't get it.

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Please explain this to me like I'm retarded. I don't get it.GFDEBTN/GOLDFRED:GFDEBTN/TVC:GOLDMarkLefevreNational debt priced in gold is currently at 1960s levels. I don't get it. S&P 500 priced in gold is almost exactly the same thing as the national debt priced in gold. Make it make sense to me people.