Something to do with Trump's latest stable genius idea, "restructuring" the debt as 100-year "forever bonds" at 0% interest.
called the “Mar-a-Lago Accord,” it would involve several stages. First, the U.S. would try to force some foreign creditors, which hold large amounts of long-term Treasury notes, to trade them in for special extra-long-term Treasurys.
Bloomberg reports that the replacements would be 100-year, non-tradeable zero-coupon bonds.
I am about 12% in gold and think it is an okay "safe haven" investment, but in the just over ten years I've been holding it, everything I have (but my home) has outperformed it.
The environment, my dear friend the environment, the tree huggers are having their own way, digging and drilling for oil and gas hurts the environment.
My job has been in farming, and farmers are getting strangled by red tape, cannot do this and that, they are not farmers anymore, just stewards of the land.
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