Speaker McCarthy got fired, but will the debt spiral slow?

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The shift in the calendar has so far failed to produce any shift in the trend for precious metals markets. Gold and silver are extending their recent

price declines here in the first few trading days of October and of the fourth quarter. Surging long-term interest rates are weighing on bonds, stocks, real estate, and for now -- metals markets as well. The gold price is back down to where it started this year. While disappointing to bulls, gold’s performance could have been a lot worse this year. Given the biggest surge in bond yields seen in decades plus a rising U.S.

And just in August, they added six new countries, including G20 economies in the western hemisphere and gulf monarchies. Moreover, you saw U.S. News say that the number one economic trend of 2023 is de-dollarization, and if this country's going down and if we're losing the dollar, I'm going down fighting. And I don't care if that means fighting Republicans, Democrats, the Uni-party. I don't think voting against Kevin McCarthy is chaos. I think $33 trillion in debt is chaos.

 

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