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Anthony Scaramucci Explains Why He's Long Bitcoin and Gold: 'Imagine an American President...Sitting in Front of a $55 Trillion Deficit'
SkyBridge Capital founder Anthony Scaramucci positioned Bitcoin (CRYPTO: BTC) and gold as "part of the answer" to a changing monetary system under strain from fiscal pressures and declining purchasing power. Scaramucci voiced his concerns on X about the potential impact of deficit spending and inflation on the economy. The former White House Communications Director warned that national debt could rise from the current $39 trillion to $55 trillion within the next decade. He framed deficit spending as an "unfunded tax liability" that would trigger inflation and borrowing costs, an assessment shared by other notable ... (full story)
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From this point forward, any time the Islamic Republic of Iran shoots at a ship in the Strait of Hormuz, whether it be by Missile, Rocket, Drone, or any other device or weapon, the United States will bomb and destroy ONE BRIDGE OR POWER PLANT, including those located next to, or in, the Capital City of Tehran. Thank you for your attention to this matter! President DONALD J. TRUMP
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From kitco.com | 1 hr 8 min ago
The renewed chaos in the Middle East has once again reignited inflation fears, pressuring gold as investors price in the prospect of higher interest rates. However, one precious metals analyst argues the market is approaching a tipping point where investors begin worrying less about inflation and more about the stability of the global economy—a shift that ...
