🚨 ATTENTION: Peter Schiff warned that the US debt has risen to about US$ 38.5 trillion and is growing at a rate of US$ 3 trillion per year.
According to Schiff, the strong rise in gold is signaling an imminent debt crisis, reflecting a loss of fiscal confidence and a search for protection against monetary devaluation.
Macro reading: rising debt + high interest compress fiscal space; if confidence wavers, the adjustment tends to come via inflation, cuts, or monetization — with direct impacts on the dollar, Treasuries, and protective assets.
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