When you have the US deficit at 16% for 2020 ($3.3 trillion USD) and 10.3% for 2021 ($2.3 trillion USD), the only outcome will be a booming commodities price and failing USD.
Gold run will be explosive, however this doesn’t appear likely looking at gold miners and at POG at this point in time.
Smart money fleeces when dumb money runs.
$1800/oz is the line in the sand and they know it. Lets see what happens tonight.
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