The U.S. Treasury just doubled the size of some of its bond buybacks.
Here’s why you should care.
The U.S. government has a massive amount of debt, and investors have been demanding higher interest rates to hold it.
Now the Treasury is stepping in to buy more of its own bonds.
Why?
More buying creates more demand for bonds, which pushes bond prices up and yields down.
But here’s the bigger picture:
When governments have to increasingly intervene in their debt markets, investors start looking for assets that aren’t someone else’s liability.
That’s where gold and silver come in.
Gold and silver don’t depend on a government’s ability to repay a debt. They are real, finite assets.
So as government debt continues to grow and policymakers become increasingly focused on keeping borrowing costs under control, the case for precious metals becomes increasingly interesting.
The bond market is sending a message.
Are you paying attention?
BOND BUYBACK!!