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POSTED ON August 6, 2021  - POSTED IN Exploring Finance

“Just because something is inevitable, does not make it imminent, but eventually the future arrives”

The US Government is on an unsustainable debt trajectory. Even though the Federal Reserve has acknowledged this fact, most mainstream pundits consider it a distant problem or even not an issue at all. They argue that debt fears have raged since the debt crossed $1T decades ago and no negative consequences have materialized.

POSTED ON July 18, 2019  - POSTED IN Key Gold Headlines

China dumped more US Treasurys in May, pushing their holdings to the lowest level in two years, according to data released this week by the US Treasury Department.

The Chinese divested themselves of US debt for the third straight month, selling off another $2.8 billion in Treasurys in May. The month before, China dumped $7.5 billion in US bonds and that followed on the heels of the biggest US Treasury selloff by the Chinese in nearly 2 1/2 years in March. Over the last three months alone, the Chinese have shed $20.3 billion in US debt.

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