Apr. 21 at 9:36 PM
$GDX $B $SLV $GLD $JNUG
U.S. Treasury projected to buy back
$15 Billion of their own debt this week, equaling the largest Treasury buyback in history
Notice that these historic amounts of buybacks are now occurring more often, like 1 after another. The US national debt will reach
$53 trillion by the end of 2029 = a 36% increase in debt & YES this will technically grow the US economy but at a horrendous price. With money so thin if feels like your earning nothing at all.
Just imagine if you & I could continue issuing debt then becoming your own biggest buyer with the money you can print
This is just another sign of how expensive life in will become in America. More & more people are having to finance even the small, everyday things, which says a lot about where things stand. Prices keep climbing, but paychecks aren’t keeping up. & on top of that, it feels like the govt is always finding new ways to take a little more.
https://fiscaldata.treasury.gov/static-data/published-reports/buybacks/preliminary/BBPA_20260422174000.pdf
