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Pop some popcorn and get ready for the next political dog and pony show. The US government bumped up against its statutory borrowing limit this week. In this episode of the Friday Gold Wrap podcast, I talk about the looming debt ceiling fight and the deeper problems that will inevitably get ignored as everybody absorbs the political theater. I also talk about the growing bullishness in the gold market.

Topics Covered

-Gold holds $1,900

-The mainstream is getting bullish on gold

-Why the mainstream is simultaneously right and wrong

-Uncle Sam hits the debt ceiling

-The history of the debt ceiling

-How will the debt ceiling fight play out?

-Why this is a big problem if you don't like inflation

Video Length: 00:27:19

More By This Author:

Bank Of America: Calling The Death Of Gold Is Premature
Here We Go Again! It’s Time for Another Debt Ceiling Fight
Jim Grant: We’ve Not Seen The Last Of This Inflationary Outburst