bullish

US Debt Ceiling Raise Tells Us Gold Is Going Up… It Must Be Part Of Every Portfolio

2.5k Views28 May 2023 17:39
SUMMARY
  • US debt ceiling agreement warns again about upcoming monetary inflation. Gold (and crypto) is a great hedge against monetary inflation, but less good against cost inflation
  • US debt problem demands near double-digit annual growth in Fed balance sheet over next decade… QE is not dead!
  • Gold could easily test US$3000/ oz. Bitcoin could do even better! Buy into any near-term weakness
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Michael J. Howell
Cross-Asset Liquidity Strategist
CrossBorder Capital
Multi-AssetCross Asset StrategyMacroeconomics
x