gfp: I'm loving it. Gold is almost at the level that McAlvany predicted for year end. Flight to quality. I think the metals have a strong tailwind. The Congressional budget talks are just another smoke and mirrors deficit reduction non event. Speaker Johnson swears they promise to cut $1.5 Trillion over the next 10 years (while we continue to borrow $1 Trillion more every 100 days). There is only so much Trump can do constitutionally. If Congress spends the money it's next to impossible to claw it back. So it's clear that even a Republican congress has absolutely no spine for actually reducing spending. Ever. That just means more spending, more borrowing and more money printing. Gold and silver related investments are the best bet going forward. Why to you think I've been massively overweighted in the metals and miners? The mental midgets in Congress basically guarantee continued flight to the safety of precious metals.
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