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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (159366)8/11/2023 5:28:38 AM
From: Goose94Read Replies (1) of 203640
 
Gold: BUY Physical. U.S. Debt Chickens Are Coming Home to Roost

After the Federal Reserve incentivized borrowing with more than a decade of artificially low-interest rates and easy money, the debt chickens are coming home to roost. Last week, Fitch Ratings downgraded the US’s long-term credit rating from AAA to AA+, and on Monday, Moody's cut the credit rating of 10 small and midsize banks.

Mr. Peter Schiff
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