Commodities Analysis and Opinion
Treasury Debt Is Going Parabolic – Will Gold Follow?
2023.11.01 03:28
Interest payments on Treasury debt will soon exceed $1 trillion annually. With rising interest rates, the cost of interest is increasing at an increasing rate – i.e. going “parabolic.” Andrew Maguire and I discuss the U.S. Government’s hyperinflationary spending and the implications for the price of (and ). I also discuss one of my favorite junior mining stocks which I believe has 5-10x upside potential.