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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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From: #Breeze	10/22/2024 9:10:36 AM
	6 Recommendations of 116759

Paul Tudor Jones was just interviewed on CNBC Bottom line: All Roads Lead to Inflation Asked where he's invested: Gold Bitcoin Commodities Nasdaq He said avoid fixed income. He also said Fed should be lowering interest rates so that Gov't is playing less interest on debt. US debt accumulation of is unsustainable. His recommendation Let tax cuts expire Raise payroll tax by 1% on all income Raise retirement age to 70 And all this does is slows down the future debt accumulation What he's missing is that Gov't will use those new sources of funds and spend it on new programs.

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