debt ceiling

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Weekly Pizza Bits #15 - 3-Jun-2023

3 Jun 2023 4 minute read 0 comments Pizzadren

1) New debt ceiling bill has been passed, and what does it means for crypto? Alright, it’s official that the debt ceiling limit of $31 trillion dollars has been extended for another 2 years until 1-Jan-2025. This will mean they are able to pre...

A Special Offer to Make the Most of the Bitcoin Revolution and Hedge Against the Risk of America Defaulting on Its Debt

27 May 2023 3 minute read 2 comments ssaurel

The debt ceiling crisis continues to unfold in America. We are now 6 days away from a potential default by America on its debt. I still believe that an agreement will be reached sooner or later because as I've already explained to you several times,...

Markets Face Uncertainty Amid US Debt Ceiling Dilemma

23 May 2023 2 minute read 2 comments ulriklykke

Global markets have experienced mixed reactions over the past week, likely fueled by the uncertainty surrounding the resolution of the US government  $31.4 trillion debt ceiling dilemma.   As we highlighted in our previous week's newsletter, the US T...

Does Long Term Chart Hint At $27 Silver In Mere Weeks?

18 Apr 2023 3 minute read 0 comments SweptOverNiagara

I downloaded the 60 day chart for silver from Kitco and it sure looks to me like silver's headed higher. The upward trajectory, if it holds, strongly suggests we'll see $27 in a matter of weeks. With the post I put out yesterday about a triple conjun...

For The 79th Time, What's With This 'Debt Ceiling' Thing?

19 Jan 2023 3 minute read 10 comments SweptOverNiagara

Treasury Secretary (and former FED Chair under Trump) Janet Yellen notified Congress this morning via a letter to new House Speaker Kevin McCarthy that the U.S. Government has officially reached its debt limit and to act as soon as possible. It's not...

December 3 - Hard Stop!

25 Nov 2021 3 minute read 0 comments SweptOverNiagara

On October 19, Congress averted a shutdown at the last minute by voting once again to raise the debt ceiling. This has already happened numerous times over the years, 78 times since 1960, to be exact. Each time the debt ceiling is raised, more money...