Anonymous
08/04/2023 (Fri) 16:03
Id: fbad73
No.130670
del
>>130669Here is the investment thesis for gold:
Observation #1: The US government can’t repay its debt. Default is inevitable.
Observation #2: It will not be an explicit default.
Observation #3: The debt will continue to grow at an accelerating pace.
Observation #4: Foreigners are not buying as many Treasuries.
Observation #5: The US government cannot allow interest rates to rise much further.
Observation #6: The Federal Reserve is the only big buyer of Treasuries stepping up, which means currency debasement.
Observation #7: The US government will use financial repression to debase the currency in a controlled fashion, though it could spiral into out-of-control inflation.
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