Gold Jumps as Treasury Buybacks Revive Debasement Concerns - Advisor Perspectives
Gold Jumps as Treasury Buybacks Revive Debasement Concerns - Advisor Perspectives
Source: Advisor Perspectives
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DW NOTE
The Treasury is buying back its own debt while running a $1.9 trillion deficit — that's not fiscal management, that's monetisation with a polite label. Gold's 6.77% weekly rally prices the obvious: when governments finance current spending by retiring old obligations, the debasement is already underway.