Today we will look at one of the ways that the debt ceiling impasse could be solved and buy time.
Jim Rickards and Rafi Farber recently spoke about the Treasury raising the statutory gold price as a way of providing a $500 billion breathing space.
“Weird Gold Trick” Could End Debt Ceiling Showdown, by Jim Rickards: https://dailyreckoning.com/weird-gold-trick-could-end-debt-ceiling-showdown/
Rafi Speaks with Former IMF, Bank of America Economist David Woo About Money, and Stuff
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.