The Fiscal Tightrope: U.S. Interest Payments Outpace Defense Spending

We the people - US Debt Clock

The latest figures from the U.S. Treasury for fiscal 2024 have sparked serious discussions about the sustainability of the country’s financial health. Jim Rickards, a prominent financial commentator, encapsulated the issue perfectly: “Interest on debt: $882 billion. National defense: $874 billion. That’s all, folks. You can’t borrow your way out of a debt crisis. You … Read more

Market Mavens and Gold Market Speculation

Spectacular profits are captured in gold market speculation, the key is knowledge of when, where and how. To gain some insight we created a virtual round table of current-day market mavens, to which we added our favourite, the Great Bear of Wall Street; Jesse Livermore, perhaps the great stock market maven of all time. Some … Read more