Video Update

Interest on Debt Hits $1 Trillion

Interest Payments on the Debt Hit $1 Trillion. As a percentage of federal income and federal spending, it is closing in on all-time highs.

This could matter for Gold and markets when it exceeds the 1940s and 1990s peaks or when the bond market takes another leg lower and the 10-year yield hits or surpasses 5%.

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