Don't miss out on today's insightful conversation with Daniela Cambone, as Alfonso Peccatiello, founder and CEO of The Macro Compass, delves into the critical issues surrounding the amounting national debt, the devaluation of the U.S. doll…
Don't miss out on today's insightful conversation with Daniela Cambone, as Alfonso Peccatiello, founder and CEO of The Macro Compass, delves into the critical issues surrounding the amounting national debt, the devaluation of the U.S. dollar, and the rising trajectory of gold. Peccatiello paints a stark picture of the potential consequences of a soaring national debt and a weakening dollar, cautioning against the notion of an orderly de-dollarization process. With $12 trillion of outstanding debt denominated in dollars outside the US, any dollar appreciation coupled with global economic slowdown spells trouble, Peccatiello explains. Moreover, Peccatiello highlights the significance of gold amid this turbulent financial landscape. What was once $2,200 may soon escalate to $3,000 and beyond, he predicts.
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