The U.S. national debt recently surpassed $36 trillion for the first time in history. Current projections show the debt and annual federal budget deficits growing even more in the years to come.
“We just need the economy to grow faster than the debt. And that’s not happening.”
—Federal Reserve Chair Jerome Powell
How could growing government debt and deficits affect our economy, and could gold offer protection for consumers?
Click on the video link below for exclusive insights on this topic from U.S. Money Reserve’s Coy Wells.
Related headlines from around the web:
- Fox Business: “US national debt hits a new record: $36 trillion”
- CNBC: “Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago”
- Barron's: “How Gold Prices Can Surge Past $3,000—Even if the Dollar Rises”
Enhance your portfolio with precious metals today.
Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.
