Gold delivery times from Bank of England / LBMA goes from few days to 4 to 8 weeks.
This graphic below shows America’s total outstanding public debt, based on figures from the U.S. Department of the Treasury’s Fiscal Data website.
Key Takeaways
In July, the U.S. national debt surpassed $35 trillion for the first time, which is equal to the GDP of China, Japan, Germany, India, and the United Kingdom combined
Each day, the U.S. is spending $2 billion on debt servicing costs, fueled by high interest rates and a growing mountain of debt
These interest costs have more than doubled in the last 10 years
Looking ahead, the U.S. national debt is projected to swell to $56 trillion by 2034, equal to over 122% of GDP
Yep. Seems the Conspiracy Theorists win, again. Did anyone buy Gold and Silver 10+ years ago? The paranoids did. Who’s paranoid now?
Doesn’t seem right. I bought gold at $950 per oz in 2009. Doubled down at roughly $1,900 in late 2023. Now $2,700+. Meanwhile your dollar buys less. Something passed by I guess I didn’t notice.