Jan. 23 at 5:15 PM
$GLD $GDX $JNUG $B $SLV
Figure 2. Cumulative Receipts, Outlays, & Surplus/Deficit through Fiscal Yr 2026
The more things change, the more they stay the same, only bigger, louder & more expensive
➡️🤌The US Treasury budget deficit surged +67% YoY in Dec, to
$145 billion. Total receipts @
$1,225 trillion & the deficit @
$602 billion = 49.1% of of total receipts, not good @ all so to make this "better" the US lunges toward ZIRP then all this doesn't matter. Rich folks will love this due to the fact that their assets will increase in value immensely & the "poors" are out of luck once again, the quality of life diminishing
❌1) The U.S. is still running near-
$2T annual deficits
❌2) Interest costs are climbing FASTER THAN SPENDING growth, meaning the system is increasingly dependent on cheap rates & continued debt issuance, what are we pretending no to know still
The more things change, the more they stay the same only bigger, louder, & more expensive
https://fiscaldata.treasury.gov/static-data/published-reports/mts/MonthlyTreasuryStatement_202512.pdf