“I plotted the number of US renunciations since 1998 against the gold price. Except for the ‘everybody feels good about America’ bubble that burst in 2008, the slope of both lines is strikingly similar. If one believes that gold is a crisis barometer, this makes sense. As the fiscal crises in the US persist, the higher taxes are likely to climb, adding more incentive for the wealth creators to leave… and take their wealth with them. The IRS appears to be losing one taxpayer for every dollar rise in the gold price.”

http://www.internationalman.com/global-perspectives/a-crumbling-ledge-on-the-fiscal-cliff

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