Default on Dollar’s Value Assured by Any Debt Ceiling Deal

11:09 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2023/05/26/looming-debt-ceiling-deal-to-leave-dollar-locked-in-downtrend-002747

As the debt ceiling fight in Washington heads down to the wire with the risk of a technical default looming, investors are growing nervous. Some are fleeing to physical precious metals as a safe haven from risky financial assets. But on the futures exchanges that determine spot prices, a wave of selling took place this week

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