Since 2013, the US debt to GDP ratio has hovered around 100%. In more simple English, this means that the total quantity of debt held by the US government is roughly equal to the gross domestic product generated within the US each year. Historically, this "debt milestone" has lead to credit crunches, currency devaluation, and economic unrest for other countries. So far, this hasn't been the fate of the United States, but this is certainly a risk within the market that we are watching closely. Below you will find a great article from Tocqueville that explores the state of US sovereign debt and how gold may be a useful hedge against future unrest.