gfp: Here's a headline from Zero Hedge: "Goldman Reiterates Its 'Long Gold' Recc Amid Price Dip, Targets $4,000 By Mid-2026"
Gold is really the only safe haven. Government confiscation of gold is not going to fly the second time around. This isn't 1930s America anymore. Any citizen with half a brain now knows that the Federal government is a corrupt, lying, criminal enterprise fronting for an oligarchy that owns most of the assets and reaps most of the rewards. Gold has a huge tailwind now with governments around the world desperately accumulating gold in anticipation of the great reset that has to happen. Gold, and silver to a lesser extent, should be bought on any dips in price. It won't make you wealthy, but it will preserve the buying power of your capital. I've known this was coming for over. decade. You just need a rudimentary understanding of basic math to realize we can't afford the government and military that we have. So we decided to pay for it since the 1980s on our national credit card. Now we have to borrow all the money we do just to pay the interest on the debt we accumulated over the last 43 years. That's the end game of a fiat currency. Debt has destroyed more empires than wars have. I was naive to think the election of Trump would make things better. But spending is not being reduced by any appreciable measure. The Congress lacks any moral courage to level with the American people. This current spending bill they are considering still adds over $2 Trillion a year in additional debt every year. And the so called "savings" are always back end loaded which means that the "cuts" will never really come. This is just all accounting gimmicks. The Federal government will NEVER do the right thing which is to drastically reduce spending and quit adding to the Debt. But they won't. Until our bond market completely collapses, the Dollar disintegrates and the populace goes Mad Max trying to stay alive.
AI
