Retirement Lifestyle Advocates
US Treasuries continue their meltdown as rates continue to rise.
The average interest rate on a 30-year mortgage was about 7% to end 2024. As I have been stating since the Fed began to cut the Fed Funds rate, I don’t think that mortgage interest rates will decline significantly. It’s more likely, in my view, that higher interest rates lie ahead.
BRICS continues to move toward trade that does not use the US Dollar and the group is continuing to grow and expand its global influence.
Despite the decline in stocks, they remain overvalued by nearly every measure.
No matter the metric utilized, one has to conclude that stocks are extremely overvalued.
Dr. Ron Paul has always been a voice of common sense when it comes to spending and central banking.
The national debt is now just over $36 trillion.
Despite economic growth as measured by Gross Domestic Product far exceeding the historical average for growth, the national debt has grown by more than $2 trillion this year.
When President-Elect Donald Trump takes office, the national debt of the United States will exceed $36 trillion.
The only salvation is to return to a gold standard.