The US is currently paying $2M PER MINUTE on interest payments on outstanding debts…let that sink in t.co/MaE8BdULmj
— Tracy (𝒞𝒽𝒾 ) (@chigrl) May 14, 2024
Let’s talk about something we can wrap our heads around: the US vs. China money supply. The pervasive phenomenon of global monetary dilution is a fundamental aspect of today’s macro environment.
US vs. China money supply.
The pervasive phenomenon of global monetary dilution is a fundamental aspect of today’s macro environment.
None of us own enough hard assets. pic.twitter.com/dIq8uwt404
— Otavio (Tavi) Costa (@TaviCosta) May 15, 2024
And if that wasn’t enough to send shivers down your spine, consider this: renowned economist Jim Rickards is updating his gold price target to a staggering $27,000 per ounce. That’s right, you heard it here first. The writing’s on the wall, folks. Holding physical gold and silver may be the only way to weather the storm when our debt-driven global economy and financial markets inevitably implode.
It’s time to wake up and smell the coffee, America. The debt disaster is looming larger than ever, and the consequences could be catastrophic.
Jim Rickards Updates His Gold Price Target to $27,000/Ounce: t.co/lsXBrOTgul @JamesGRickards $GLD $XAUUSD pic.twitter.com/42RtfnrhKV
— BullionStar (@BullionStar) May 14, 2024