U.S. Debt Surpasses $35T. Will Gold Hit $3K by Year-End?

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U.S. Debt Surpasses $35T. Will Gold Hit $3K by Year-End?

U.S. Debt Surpasses $35T. Will Gold Hit $3K by Year-End?

U.S.National Debt Surpasses $35 Trillion!

New Record!

The U.S.Department of the Treasury announced the latest data on Monday,revealing that as of last Friday,the U.S.national debt has exceeded $35 trillion,reaching a historical high and continuing to increase at a high rate.

In September last year,it broke through $33 trillion; in January this year,it broke through $34 trillion; and in July this year,it broke through $35 trillion.

It is expected to surpass the $36 trillion mark by the end of the year,and in another two years,by 2026,it may directly break through the $40 trillion mark.

Forty years ago,the U.S.national debt was only about $907 billion.

The rapid increase in U.S.national debt is mainly influenced by the globalization of the global economy.

Similar to the mergers and acquisitions of major countries,the capital market is also continuously integrating and merging.

The explosion of U.S.national debt corresponds to the collapse of the currencies of small countries around the world.

The vacant market share is the main reason for the growth of U.S.finance.

Entering the era of major countries,the funds of countries around the world will choose to exchange for major country currencies or major country assets.

When will the U.S.national debt collapse?

In fact,it's very distant.

I admit that some headlines are sensational,but everything has a bottleneck,even the U.S.national debt.

When global harvesting touches the bottleneck,it is also the time when the risk of U.S.national debt explodes.

The current U.S.Treasury Secretary Yellen said that around 2030,the U.S.national debt will break through $51 trillion,or even higher.

In 2000,it was more than $5 trillion,in 2008 it broke through $10 trillion for the first time,in 2010 it broke through $13 trillion,and now in 2024 it has reached $35 trillion.

According to a report released by the U.S.Government Accountability Office in February,it is expected to exceed 200% of GDP by 2050.

Musk posted on X in January this year that if you add the debt without funds (such as social security and medical care),plus state and local debt,the total debt of the U.S.government will soon exceed $100 trillion!

Previously,some institutions predicted that by 2050,the total U.S.national debt may reach $120 trillion.

At present,it is not an empty shot.

The continuous surge in U.S.national debt is a reflection of the world's demand and trust in the U.S.dollar,and also a reflection of the expansion of the U.S.economy.

Although the United States has not actually occupied any countries,the financial influence of the U.S.dollar has covered the world.

Therefore,the endorsement of the U.S.dollar and U.S.debt is not only the U.S.economy,but also the size of the world economy.

We can see that the monetary systems of many small countries have basically collapsed.

Even major countries are affected,either tying to the U.S.dollar or tying to gold,in order to maintain value and increase value.

Even if the U.S.dollar explodes,the disaster will be the world.

This is a very terrible law,so gold is theoretically beneficial in the medium and long term,because gold is still the safest hard currency for countries,especially the United States' enemy countries.

Therefore,I have talked about it before,expecting gold to reach $3,000 per ounce by the end of the year,which is not excessive.

It is necessary to surpass the United States in technology and finance in order to defeat the United States in the future.

As the world enters the era of data,the economic pattern of major countries will be very obvious.

In the past industrial era,technology was compared,and now the era of data compares volume.

Because industrial technology or scientific and technological technology needs a market to bear,and the development of technology has a bottleneck,and plagiarism is relatively easy.

In the end,it is a price war,and the support is the size of the economy.

So the top three in the global economy in the future are probably India,China,and the United States.

Unless Europe is unified,Europe will enter a long-term divided pattern,and will be divided and besieged,and each will be defeated.

At present,the world is experiencing inflation,and only our country is experiencing deflation,so our manufacturing industry has a huge price advantage,and even others want to copy but can't.

Next,if there is a breakthrough in technology,the last thing left is a financial war.

If we have enough gold and technological wealth,our country's currency is also expected to challenge the U.S.dollar one day.

It is also the only superpower in today's world that has the possibility to challenge the U.S.dollar.

But this process will not be so easy,and the United States is also afraid of losing its leading position,so it will actively block.

Under the financial war of major countries,we will see more small countries giving up their own currencies in the future.

Because there is no choice,the same is true for all industries.

Unification and concentration are the laws.

That is the best way to reduce costs,and it is also the strongest competitive law.

It's almost 2800 points,why is A-shares falling more and more?

Good news continues,but the decline has not stopped.

Why is A-shares falling more and more?

It seems that the market wants bigger and more good news.

Today is the fourth day in a row at the 2800 point platform recently,and under the full interest rate cut,there are funds rushing to large-amount deposits,and funds rushing into financial products,but there are no funds rushing into the stock market.

Next,there are more and bigger good news expectations,such as reserve reduction,or another interest rate cut,until the 0 interest rate expectation is not surprising.

If the U.S.dollar is at a high interest rate for a long time,it is good for our country's exports,good for our manufacturing industry,and besieges the financial market.

Of course,there is a limit,that is,after this year,the large A's lifting plate will drop to 3 trillion,and I think the pressure will become smaller,and the market will always come.

However,don't wake up the overall rise of the market again.

The market has become larger,and growth stocks and value investment have become the king.

The era of rising together has ended,and don't have too much hope for junk stocks and sunset industries.

A few years ago,I said that I couldn't see any hope except for new energy,and now new energy is falling,and old energy is rising.

Overall,energy is the foundation of A-shares,but energy is not so powerful,and the growth is limited,at least the growth is slow.

So if you want to have a leading stock like the U.S.stock market,and grow to a market value of 20 trillion,it is impossible to appear in energy stocks,so look for others.

At least that industry must be relaxed,and it is possible to achieve.

For technology stocks,it is a bit complicated,because many high-tech products have become the valuation of the manufacturing industry after domestication.

Others sell 200,000,and after domestication,they become 2,000 per unit.

So technology also depends on monopoly and technology.

Well,it's far away.

Pay attention to the laws of foreign capital markets,and the future of A-shares is likely to be the same.

The next big A-shares are likely to have the expectations of social security,insurance,and sovereign funds entering the market.

It's impossible to sweep the goods,but it will be mainly laid out in the core growth leaders.

More good news will come,and the more it falls,the more good news there will be.

If it doesn't fall,there will be bad news.

The IPO has started to decrease,which is good for the index market and the growth stock market.