US Gold Reserves Cover Just 2% of Soaring Debt; Default Risk Greater Than We Know!
The U.S. Treasury’s gold reserves have collapsed to just 2% of total government debt, a level unseen in nearly 90 years, warns Crescat Capital’s Tavi Costa on the Daniela Cambone Show. With debt surging, interest payments devouring 4‑5% of GDP, and the dollar’s credibility fraying, Costa sees only two options: buy gold or revalue it—a move that could send the metal soaring.
While China and global central banks hoard bullion, Washington is asleep at the wheel. Costa also flags the AI arms race and looming U.S. infrastructure boom, forecasting a windfall for raw materials, steel, and engineering companies.
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