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Mike Kosares: The $12 trillion federal debt bombshell
12:10p ET Monday, February 11, 2019
Dear Friend of GATA and Gold:
As if U.S. government debt hasn't already exploded, USAGold's Mike Kosares writes today, another $12 trillion in government debt issuance is projected in the next decade even as foreign buyers of that debt are losing their appetite for it. This, Kosares writes, has big implications for the stock, bond, and currency markets and particularly the gold price. Kosares' commentary is headlined "The $12 Trillion Federal Debt Bombshell" and it's posted at USAGold here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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