[CoachKandSportsguy]

US June Budget Deficit at -$227.8b; vs Est. -$205b
vs -88.8bln last year

Tax receipts fell 9.2% YoY
Spending rose 17.6% YoY to $646.1bln

Fiscal year-to-date deficit at $1.393t vs $515.067b last year
(900B overspend, projects 1.5 T deficit by Oct end)


unemployment at 40yr lows
housing strong
Stawks on the moon

What happens if there is a recession ... that's the risk. .
$5 trillion deficit sound about right ?

Buying US Treasuries for long term buy/hold with the potential interest rate risk, inflation risk, and US dollar risk is potentially INSANE, where is crazy eddie when you need him!

good case for a small amount of GOLD. . .

YMMV