US Debt Rising $10 billion EVERYDAY: What to Invest (this asset is rising now)
While US Treasuries are known as one of the safest assets, the US debt is rising at an alarming rate of $10 billion per day.
This raises concerns about how attractive Treasuries will remain to investors, especially considering the Fed needs to keep interest rates up to not only curb inflation but also incentivize buying these government bonds.
In this video, I explain bonds, yields, and why I believe gold is likely to rise in value. Investors might want to consider $GLD SG(GSD.SG$ Gold ETF listed on the SGX and traded in SGD. This option avoids exchange rate losses if you earn in SGD and leverages the current strength of the Singaporean Dollar.
Note: I made a mistake in the video. Sgd denominated etf should be GSD.si (not O87 as said in the video).
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National debt in the United States in relation to gross domestic product (GDP) from 2018 to 2021, with a forecast to 2028
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SGX Academy Trainer | International Speaker | Angel Investor | Automated System Developer | Made first pot Gold at 18
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TRIUMPHANT RETURNS : so is it better to be a seller of gold or a buyer of gold? if gold is worth something, why re ppl selling it?
102760057 : nice video, thanks
Binni OngOP TRIUMPHANT RETURNS: Central banks are buying Gold, including MAS.
TRIUMPHANT RETURNS Binni OngOP: there is only 1 central bank that matters in this world n it does not like gold as a competition.