US Debt Rising $10 billion EVERYDAY: What to Invest (this asset is rising now)
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US Debt Skyrocketing! Is THIS the ultimate hedge? Discover why gold is surging as the US adds $10 BILLION in debt DAILY.
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Jump to 05:04 Gold Target Price if you want to know my projected gold price.
While US Treasuries are known as one of the safest assets, the US debt is rising at an alarming rate of $10 billion per day.
This raises concerns about how attractive Treasuries will remain to investors, especially considering the Fed needs to keep interest rates up to not only curb inflation but also incentivize buying these government bonds.
In this video, I explain bonds, yields, and why I believe gold is likely to rise in value. Investors might want to consider GLD US(O87.SG) Gold ETF listed on the SGX and traded in SGD. This option avoids exchange rate losses if you earn in SGD and leverages the current strength of the Singaporean Dollar.
National debt in the United States in relation to gross domestic product (GDP) from 2018 to 2021, with a forecast to 2028