Toxic Debt Addiction Will Lead To Fatal Economic Destruction -Gold Loves Chaos
Matthew Piepenburg: Toxic Debt Addiction Will Lead To Fatal Economic Destruction - Gold Loves Chaos!
Good as Gold Australia: 2-4-2023
In this latest interview, Darryl and Brian Panes from As Good As Gold Australia interview for the first time, the Commercial Director of Matterhorn Asset Management, and Author of 'Gold Matters' and 'Rigged to Fail', the one and only - Matthew Piepenburg.
When President Ronald Regan came to office, the US debt limit had to be raised to over US$1 trillion and 8 years later, the debt was US$2.8 trillion.
Today in 2023, the US Government is talking about raising it from US$31.4 trillion to another breathtaking, unimaginable, record new-level.
How long can this continue before there is a total collapse of the fiat currency system?
The Government has suggested, a trillion dollar platinum coin to solve the debt ceiling crisis - absolutely rediculous, but one shouldn't expect anything different from senseless politicians.
A lot has been said recently about gold and silver having a great year this year and next. A Kitco online news survey showed investors could see silver jumping to US$38 per ounce (AUD$50) or a 50% increase in 2023.