Chinese investors are buying the dip as rumors of a Western sovereign debt crisis spread.
They’re not just piling into physical gold… they’ve also been buying gold ETFs.
It’s the longest buying streak since the war began.. pic.twitter.com/Y73B9OkYZP
— Lukas Ekwueme (@ekwufinance) August 12, 2026
Shocking stat of the day:
Estimated annualized interest expense on US federal debt is up to a record $1.38 trillion.
This is equivalent to 4.2% of US GDP, the highest percentage since 1997.
By comparison, this figure stood at 2.3% in Q4 2020.
Annualized interest expense has… pic.twitter.com/sXLIIvLKV8
— The Kobeissi Letter (@KobeissiLetter) August 12, 2026
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