Tavi Costa of Crescat Capital tweeted the following important gold vs US debt chart stating, "Investors often use the 1940s period as a compelling historical analogy to today given the severity of the current US debt to GDP problem."

However, there is one major distinction that is often ignored.

During that time (around World War II), the US dollar was effectively tied to gold prices, making the metal an unfeasible investment alternative.

Today, with prices unpegged, it is highly probable that capital will divert away from US Treasuries and flow into gold.