Gold: "Remember the US government debt cliff people have been warning about for 40 years? It was back there. You went over it in 2022. Ironically, the final straw were those aggressive Fed rate hikes."
Gold: "Remember the US government debt cliff people have been warning about for 40 years? It was back there. You went over it in 2022. Ironically, the final straw were those aggressive Fed rate hikes."
@LukeGromen This may seem a little out of place here on the high elbows arena of X, but I just wanted to say Thank You for sharing your knowledge and thinking. It’s been a big help in my understanding of the world. Please keep up the great work.
@LukeGromen Luke, we went over the cliff on 9-17-19, now we are just in the denial phase.
@LukeGromen They don't seem to go together all the time.
@LukeGromen Gold is one of the safest investments you can make!
Irving Fisher wrote about this in his debt deflation theory of depressions. Gold hedges deflation well. It also hedges hyperinflation. The FED can only save the bond market or the Dollar. Not both. #Depression or #hyperinflation. #Gold wins either way.@LynAldenContact @LukeGromen @leadlagreport @TaviCosta @TFMetals @LawrenceLepard
Irving Fisher wrote about this in his debt deflation theory of depressions. Gold hedges deflation well. It also hedges hyperinflation. The FED can only save the bond market or the Dollar. Not both. #Depression or #hyperinflation. #Gold wins either way.@LynAldenContact @LukeGromen @leadlagreport @TaviCosta @TFMetals @LawrenceLepard