The US federal deficit now stands at more than 35 trillion US dollars. A sustainable reduction in debt seems rather unlikely, even if politicians hold out the prospect of debt reduction. The Congressional Budget Office nevertheless assumes that there will be no recession, although the deficits could rise even higher. Net new public debt is expected to exceed USD 20 trillion over the next ten years. This could have a greater impact on the US economy and financial markets.
The effectiveness of the Federal Reserve's monetary policy could also potentially be restricted, as could its ability to make monetary policy decisions. Some aspects of the US economy appear to be falling into recession, while other areas are growing. What is driving the debt is social security (the US is also experiencing demographic change, it is not only in this country that there are fewer and fewer workers to provide pensions) and healthcare spending, which is not efficient. Military spending has also risen sharply. And then there is the interest on debt. Japan, for example, is also plagued by very high national debt. Japan's debt ratio is estimated to be a good 254% of gross domestic product in 2024. To counteract this, Japan is keeping interest rates low and devaluing its currency and bond holders. In view of the situation in the USA, gold, which has performed very well in terms of price this year, should become even more attractive. This is also positive for gold companies such as Tudor Gold and Collective Mining.
Tudor Gold's - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - Treaty Creek project is a prospective gold and copper property in British Columbia. Recent drilling has returned up to almost 14 grams of gold equivalent per tonne of rock.
Collective Mining - https://www.commodity-tv.com/ondemand/companies/profil/collective-mining/ - is a copper, silver, gold and tungsten exploration company with projects in Colombia, including the flagship Guayabales project.
Current company information and press releases from Collective Mining (- https://www.resource-capital.ch/en/companies/collective-mining-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
The effectiveness of the Federal Reserve's monetary policy could also potentially be restricted, as could its ability to make monetary policy decisions. Some aspects of the US economy appear to be falling into recession, while other areas are growing. What is driving the debt is social security (the US is also experiencing demographic change, it is not only in this country that there are fewer and fewer workers to provide pensions) and healthcare spending, which is not efficient. Military spending has also risen sharply. And then there is the interest on debt. Japan, for example, is also plagued by very high national debt. Japan's debt ratio is estimated to be a good 254% of gross domestic product in 2024. To counteract this, Japan is keeping interest rates low and devaluing its currency and bond holders. In view of the situation in the USA, gold, which has performed very well in terms of price this year, should become even more attractive. This is also positive for gold companies such as Tudor Gold and Collective Mining.
Tudor Gold's - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - Treaty Creek project is a prospective gold and copper property in British Columbia. Recent drilling has returned up to almost 14 grams of gold equivalent per tonne of rock.
Collective Mining - https://www.commodity-tv.com/ondemand/companies/profil/collective-mining/ - is a copper, silver, gold and tungsten exploration company with projects in Colombia, including the flagship Guayabales project.
Current company information and press releases from Collective Mining (- https://www.resource-capital.ch/en/companies/collective-mining-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
