US Debt Ceilling! A never ending dilemma! US dollar is just junk!

Posted by FortuneBull777 > 2023-05-18 00:57 | Report Abuse

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4 comment(s). Last comment by qqq47660 2023-05-18 11:59

FortuneBull777

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Posted by FortuneBull777 > 2023-05-18 00:58 | Report Abuse

So the latest saga is that Biden will get Republican lawmakers agreement by sunday to resolve debt ceiling issue!

FortuneBull777

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Posted by FortuneBull777 > 2023-05-18 00:58 | Report Abuse

But we all know there will be next year and then the next and the next!

FortuneBull777

1,151 posts

Posted by FortuneBull777 > 2023-05-18 01:02 | Report Abuse

The truth is, US already blown it's commitments! US will not be able to pay it's debts eventually! And it's just matter of time before we grow wiser!
That is why i have bought plenty of gold! Not because gold will go up overnight but rather peace of mind that value will be persevere in years to come!
Now, i could have profit from gold in recent days but i am not short term holder! My gold reserve will be 2 or 3 years horizon! Perhaps even more!
The thing is, i have peace of mind that when i need some molla, i just sell some!
But at the moment, i am still buying more gold!
Stock market has turn glooming in recent years! It's no more fun place to be to make money!

qqq47660

8,892 posts

Posted by qqq47660 > 2023-05-18 11:59 | Report Abuse

debt ceiling is a non event...can default and can print next day.

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