iShares Silver Trust (SLV)

[Ducati74]

I feel that the combination of increased spending and “normalized” interest rates will make the possibility of a default a real possibility.
A default would crash the markets and PMs would soar.
Janet has to hike them sooner or later, even a negligible 1.5% within a year would skyrocket the service obligation.
In 2007-2008 we were hovering at 5% until the crash…..but the deficit has almost doubled since then
We simply can’t service 20 Trillion at 2, 3 or 4%
How do you think it will unfold Elmer, do you think Janet will never “bite”?

www.usdebtclock.org

Ducati