US Debt Tops $40 Trillion as Treasury Buybacks Ignite Precious Metals Rally
The United States' national debt has surpassed $40 trillion, marking a significant milestone in the country's struggle to manage its finances.
While this achievement carries symbolic weight, economists and investors are more concerned with other measures such as the ratio of debt to gross domestic product, which provides insight into an economy's borrowing capacity.
Last week saw unexpected expansion of the US Treasury's debt buyback policy, leading to a surge in Bitcoin, Ethereum, precious metals, and foreign currencies. However, longer-term Treasuries rallied only briefly after the announcement, and global stock indices were mostly down for the week.
The sudden increase in asset prices has been attributed to the Mars square Neptune aspect, which may be correlated with the rally in Crude Oil. The decline of stocks and bonds into early Friday was likely related to Venus in opposition to Saturn, a signature that often signals a buy opportunity in markets that are declining.
The geocosmic cycles have performed well last week, even though they didn't align perfectly with market trends as expected. The majority of global stock indices were in a corrective decline for most of the week, bottoming on Thursday or Friday. However, Gold, Silver, and Bitcoin experienced explosive growth into Friday.
The US Treasury's debt buyback policy has revived the dollar-debasement theory, with foreign currencies and precious metals benefiting from it. The heavenly fireworks are just beginning, with the eclipse season adding extra drama to the situation. The Mean Lunar North Node is currently in Aquarius until March 7, 2028.