FatDuck3
Nov 1, 8:04 PM
$GDX $JNUG $SLV $GLD $B
The debt gets renewed. The interest compounds. The political consequences get postponed. A govt can create dollars. It cannot create unlimited purchasing power by creating dollars. You can tell what's coming
❌US Treasury sold➡️
$839 billion in govt debt through 11 auctions IN ONE WEEK ‼️
❌
$733 billion of the
$839 billion was REFINANCING EXISTING DEBT, not financing new govt spending. Only
$106 billion is NEW govt borrowing
❌This exceeded the previous record of
$834 billion, set during the same week in 2025
❌The auctions included Treasury bills, floating-rate notes, & 2-, 5-, & 7-yr Treasury notes
❌75% of this week's issuance consisted of Treasury bills
❌Remember that fiscal 2027 already has a
$1.45 trillion shortfall which is a direct indication that persistent budget deficits are EXPANDING.
"The US can pay any debt it has because we can always print money to do that. So, there is 0 probability of default"
https://www.bloomberg.com/news/articles/2026-10-30/us-treasury-borrows-record-839-billion-in-auctions-this-week?taid=6ae4c4e41d3fbb0001702772&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
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