While they continue to print money and just like stefs video talked about before. It all comes back to whether the debt will be able to be financed and if the bond the investor is buying isn’t going to get them enough of a return due to high inflation people will turn to gold/silver possibly crypto as hedges
Yea maybe some people will do that. Apparently the US debt is up for refinance soon, and the US administration is trying to get bond yields low enough so the interest isn’t too high by crashing the market. Not sure those who would buy treasuries would buy crypto, or even gold, but they might not buy US debt either. We might be seeing an end to the debt system if no one wants these bonds. I’m not sophisticated enough to follow this but we’ll know if it collapses 😅.
Brilliant, now is the time to cut off all trade with China.
Looks like we’re moving into a multipolar world & the end of global trade. Peter Zeihan has some interesting takes, bullish on America.
Well presented! Thank you.
Gold is money everything else is credit -JP Morgan
There’s enough gold on earth for <30g/person. Not sure it’s worth much in the long run but it sure is rare.
While they continue to print money and just like stefs video talked about before. It all comes back to whether the debt will be able to be financed and if the bond the investor is buying isn’t going to get them enough of a return due to high inflation people will turn to gold/silver possibly crypto as hedges
Yea maybe some people will do that. Apparently the US debt is up for refinance soon, and the US administration is trying to get bond yields low enough so the interest isn’t too high by crashing the market. Not sure those who would buy treasuries would buy crypto, or even gold, but they might not buy US debt either. We might be seeing an end to the debt system if no one wants these bonds. I’m not sophisticated enough to follow this but we’ll know if it collapses 😅.