OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Tariffs…shmariffs…gold’s going up with or without them=The FED must cut and/or keep rates low

Posted by Richard640 @ 12:11 on June 29, 2019  

It’s Recognition Time for gold-why. now? No one ever knows!…but a zero-bound interest regime is what gold is sensing

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U.S. Is Heading to a Future of Zero Interest Rates Forever
By Noah Smith
Bloomberg News
Thursday, June 27, 2019
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The Congressional Budget Office has just released its projections for the U.S. federal budget during the next 30 years. The picture is one of steadily rising deficits. the growth in deficits is mostly about two things. First, government health care spending is projected to grow, which is partly due to population aging and partly because the CBO predicts that medical costs will keep going up. Second, and even more importantly, the CBO predicts that interest rates will rise, forcing the government to spend much more on simply paying interest on its debt.  that will cause an exponential increase in the amount the government has to pay for debt service. …
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… For the remainder of the commentary:
https://www.bloomberg.com/opinion/articles/2019-06-27/u-s-s-rising-debt-……

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.