I doubt the Fed can even raise interest rates again. The government cannot afford to service the interest on the debt if interest rates were normalized at 4%. We will have over $30 trillion in national debt by the end of 2021. The Fed basically has to keep the Fed Funds rate at 0% and keep...
The US Treasury has $1 trillion in debt maturing in the next 15 days.
All of it has to be rolled over.
And we just need to pray that the same investors will reinvest their maturing debt right back into US bonds. Whatever they don't reinvest, the Fed will need to print and monetize.
Oh yeah, the...
Most of the larger gold miners are ridiculously undervalued at $1,800+ gold prices.
Many of the big gold miners will produce their entire market cap in free cash flow every 5 years at these prices.
They are reducing debt, increasing dividend yields and launching share buybacks.
If gold just...
Data has shown that the people moving to Texas actually vote slightly more conservative than the natives. It is not a huge difference, but it seems like the people bailing out out of California are the Republicans. California does have millions of Republicans also.
Also, Texas was Democrat...