Aug. 19 at 6:02 PM
$SLV $GLD $JNUG $B $GDX
Don't forget about this: @ current coupon auction sizes & bill supply, dealers were ALREADY projecting a roughly
$1.45T shortfall for FY2027–28. Means larger bills, larger auctions & likely higher yields to attract buyers other then the Fed or the Treasury themselves
More & More Duct-Tape for fiscal yr 2027 which has even begun. They need to "find" another
$1.45 trillion of financing
Clarity:
$40T debt × 2% average interest =
$800B/year
$40T × 4% =
$1.6T/year
= The Fed Will Be Easing Rates BIGLY
Folks, they are going to inflation the debt NOT away but down. Negative real rates are coming but still won't be surprised to see negative nominal rates & the beauty of this is it won't be announced only experienced
https://finance.yahoo.com/economy/policy/articles/scott-bessent-used-financial-engineering-110000440.html
