And if you think inflation is 'bad' right now wait until US Dollars adjusts (& adjust it will with $30T in national debt)!
Can USG afford to pay the interest payment on its massive $30T Debt? At around 3% it's about $1T dollars EVERY Year! How about US Budget Deficit? Are markets going to absorb Billions in MBS and the money that US Treasury has to create to pay its debt & its operation? Don't need an answer! It's just an observation
Not a trading call; just sharing my views! GL
DXY Daily Chart:
& Of course GOLD : BO?
Can USG afford to pay the interest payment on its massive $30T Debt? At around 3% it's about $1T dollars EVERY Year! How about US Budget Deficit? Are markets going to absorb Billions in MBS and the money that US Treasury has to create to pay its debt & its operation? Don't need an answer! It's just an observation
Not a trading call; just sharing my views! GL
DXY Daily Chart:
& Of course GOLD : BO?