As Saudi Arabia Sells USD For Gold, US Spends Record $1.2 Trillion On Debt Interest Payments
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Saudi Arabia is buying gold, in fact, they could have accumulated over 150 tonnes since 2022. This is devastating for the Petrodollar and it shows trust in Treasury bonds is collapsing. And it’s not a surprise when you realize interest payments on the US debt itself hit a record $1.2 Trillion dollars!
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✅ Timestamps & Chapters:
0:00 Saudi Dumps Dollars For Gold
2:29 Saudi & China Drives De-Dollarization
5:23 Massive $1.2 Trillion Interest Payments
7:46 Sponsor: Indigo Precious Metals
9:11 Yellen Denies Urgent Debt Crisis
10:01 Kamala Harris Spending Tsunami
13:11 Trump Global Trade War
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The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
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