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Re: Gold and Silver Flat for Now?
I tried to correct @pmh1nic on the same statement over in the $5K gold discussion. @MsMorrisine, you are correct, the $4.1T reflects an average $400B dollar deficit per year above the baseline (which… (View Post)1 -
Re: The Case For $5,000 Gold
So CBO forecasts don't include many unknowns, so yes they are typically off by a lot whether it's 911, Great Recession, Covid, etc, piling on even more debt that wasn't forecast. One thing is certain… (View Post)1 -
Re: The Case For $5,000 Gold
The bipartisan CBO forecast is for annual deficits to increase from $1.7T in 2026 to $2.5T by 2035. The USG debt is going to increase from today's ~ $37T by more than $20T in the next 10 years, best … (View Post)3 -
Re: Value of gold Philharmonics and Sovereigns at time of sale?
At the moment all those gold coins, 1 oz, random years, are likely to yield slightly under the spot price of gold if selling to a major billion dealer. (View Post)1 -
Re: Bitcoin Target Price
If this year and timing in the cycle is anything like it was in 2020, btc is going to blow through $100k this holiday weekend. (View Post)2