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And that’s a wrap: The Market Herald at PDAC 2022

The first in person Prospectors & Developers Association of Canada (PDAC) Convention…
The post And that’s a wrap: The Market Herald at PDAC 2022…

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  • The first in person Prospectors & Developers Association of Canada (PDAC) Convention since March 2020 was held earlier this month
  • More than 1,700 investors, analysts, mining executives, geologists, and government officials attended
  • The Market Herald interviewed dozens of the world’s mineral exploration and mining industry leaders

The world’s premier mineral exploration and mining convention, the Prospectors and Developers Association of Canada (PDAC) welcomed a massive crowd of more than 17,000 back to Toronto for its first in person convention since March 2020.

Confirming the mining sector’s hunger for returning to business, the 90th annual convention was a robust and busy affair with a jammed packed line-up of speakers and workshops.

The mining sector has been enduring and overcoming challenges this year, chief among them geopolitical challenge like revolving governments and resource nationalism.

Even so, a recent survey of miners found that an overwhelming majority expect royalties to increase.

How would operators mitigate future risks and work to stabilize the supply chain? What of the other factors bucking the trend when it comes to the mining industry? These were the questions on the minds of many PDAC 2022 attendees and The Market Herald Team caught up with dozens of leaders and executives from top mining companies working in various corners of the world to learn more about the potential they seek to unearth.

Highlights:

Tonno Vahk, CEO of Aton Resources (TSXV:AAN) discussed the latest results of their diamond drilling program.

Developing the Mon Gold Property in the Yellowknife Gold Belt District, 60 North Gold (CSE:SXTY) Vice President, Corporate Development, Ronald Handford, spoke about recent bulk samples taken to give the team a sense of mineral grades.

Engaged in the business of mineral exploration, CAVU Energy Metals (CSE:CAVU) has been drilling since early May 2022 at its Yukon Copper Project, home to its porphyry copper, gold, silver and molybdenum project with first assays at lab. The company’s CEO, Jacob Verbaas, spoke about the large copper systems at its Yukon Copper and Star Projects.

Chris Eager, President and CEO of Resouro Gold (TSXV:RAU), spoke about mobilizing a team and drill rig for its Novo Mundo Gold Project in Brazil.

CEO of Atex Resources (TSXV:ATX), Raymond Jannas, spoke about new and impressive gold-copper results from the Valeriano Project in Chile.

Search Minerals (TSXV:SMY) plans to be in production of Critical Rare Earths Elements (CREE) in three years, specifically permanent magnet REEs. The company’s President and CEO, Greg Andrews, spoke about his team’s next steps.

President and CEO of Millrock Resources (TSXV:MRO), Gregory Beischer, sat down to discuss the company’s upcoming second drilling campaign at the 64 North Project.

Paul Sun, President and CEO of Eminent Gold Corp. (EMNT) noted that sample results from Spanish Moon Project, show the potential for a large gold deposit.

Chris Frostad, President & CEO of Purepoint Uranium (TSXV:PTU) discussed the upcoming drill program at Red Willow Project in Saskatchewan.

Heritage Mining CEO, Peter Schloo talked about the company’s flagship the Drayton-Black Lake Project, which boasts 100 years’ worth of data which has never been digitized or looked at from a low-grade high-tonnage perspective.

JP Vargas de la Vega, Managing Director of Galan Lithium (ASX:GLN), spoke about a brand new pegmatite discovery at the Greenbushes South Project. While at the PDAC, the company announced its discovery at its lithium hotspot project in Western Australia, roughly five kilometres south from the largest lithium mine in world. The company generated 12 targets and found pegmatite discovery on the first one.

i-80 Gold (TSX:IAU) CEO, Ewan Downie talked about the first gold ore shipment out of Granite Creek and how the company is currently processing the ore at Nevada Gold Mine’s facility.

Cameron McCall, Executive Chairman and President of Macarthur Minerals (TSXV:MMS) sat down to discuss the optimistic feasibility study results on the Lake Giles Project.

Atac Resources (TSXV:ATC) President and CEO Graham Downs talked about its ongoing copper and high-grade gold exploration programs at its Nadaleen Gold Project in Yukon.

Managing Director of Rafaella Resources (ASX:RFR), Steven Turner, spoke about the opportunities and challenges of growing its presence in Canada.

Vancouver junior mineral explorer Faraday Copper (CSE:FDY) President and Chief Executive Officer, Paul Harbidge talked about rebranding, the company’s plans over the coming 12 to 18 months, and developing a pair of projects in mining-friendly U.S. jurisdictions.

Tesoro Gold (ASX:TSO) holds one of the largest and most prospective gold projects in Chile. Geoff McNamara, a Non-Executive Director with the company spoke about its El Zorro Project, a 1.1 million oz. open pittable project looking to grow to 2 million oz. gold in the next 24 to 36 months, drilling to start in next couple of weeks, scoping study out in 4 weeks.

Brunswick Exploration (TSXV:BRW) Chief Executive Officer Robert Wares discussed the company’s current lithium exploration plans, its inventory targets and future prospects.

Tara Christie, President and CEO of Banyan Gold (TSXV:BYN) discussed the drilling program underway at the Aurmac Property, Yukon. The updated Resource Estimate comprises a total inferred mineral resource of 3,990,000 ‎ounces of gold on the property.

Peter Clausi, VP of Capital Markets for Silver Bullet Mines (TSXV:SBMI) discussed bringing the Buckeye Mine online is the company’s primary focus. The fully funded mill is being commissioned.

Monument Mining (TSXV:MMY) President and CEO, Cathy Zhai shared news about its Selinsing Gold Property near Kuala Lumpur.

Managing Director of Golden Rim (ASX:GMR) Craig Mackay spoke about the company’s new project, acquired last year during the COVID pandemic.

Focus Graphite (TSXV:FMS)  is developing two of the most promising high-purity flake graphite projects in North America, both located in Quebec and its CEO Marc Roy spoke about the need to depend less on foreign countries for EV battery minerals.

Green River Gold (CSE:CCR) CEO and President. Perry Little spoke about the company’s magnetic survey, having just completed the second portion with results that showed a lot of nickel on their Quesnel nickel property.

Cassiar Gold (TSXV:GLDC) President and CEO, Marco Roque discussed recent drilling on the company’s flagship Cassiar Gold Property in northern British Columbia.

Richard Murphy, CEO of Manitou Gold (TSXV:MTU) provided an overview of the company’s projects, including the Goudreau Project in Ontario, where two past-producing mines bookend the project.

Mario Stifano, CEO of Galantas Gold (TSXV:GAL) discussed the company’s upcoming gold production planned for its Omagh project, which is located west of Belfast in Northern Ireland.

ArcPacific Resources (TSXV:ACP) is an exploration play with 100 per cent ownership of the LMSL Copper Gold and Silver Project in British Columbia.

Base metals focused company, Osisko Metals (TSXV:OM) is moving into feasibility for 2 projects. The company’s CEO, Robert Wares spoke about the Pine Point project, an assemblage of more than 50 open-pit and underground mines containing as much as 7b lb of lead and zinc proposed to be developed in Northwest Territories.

Macarthur Minerals (TSXV:MMS) CEO, Joe Phillips, spoke about its prospective Lake Giles Iron Project and its 1.3 billion tonnes magnetite resource.

Joel Freudman, CEO, Co-Founder and President of TRU Precious Metals (TSXV:TRU) spoke about building long-term shareholder value through exploration, potentially leading to exciting mergers and acquisitions opportunities. TRU is building copper-gold-silver assets in the Newfoundland in the highly prospective Central Newfoundland Gold Belt and has an option with TSX-listed Altius Minerals to purchase 100 per cent of the Golden Rose Project.

Perth-based resource exploration company Winsome Resources (ASX:WR1) turned to its Managing Director, Chris Evans to shed some light on the company’s flagship project as it moves towards expanding its maiden resource.

Lomiko Metals (TSXV:LMR) CEO, Belinda Labatte, talked about the company’s ongoing work at the La Loutre Project in Quebec. The project’s recently completed preliminary economic assessment indicated a mine life of 15 years producing 100,000 tonnes of graphite concentrate every year.

Ross McElroy, president and CEO of Fission Uranium (TSX:FCU) discussed the company’s uranium feasibility study that is currently underway at the Patterson Lake South Project in Saskatchewan’s Athabasca Basin.

Sitka Gold (CSE:SIG) is a junior gold, silver and copper explorer based in Canada. The company’s VP of Corporate Development, Mike Burke spoke on the company’s new discovery in Yukon. The RC Gold Project is an exploration venture highlighted by 220 metres of 1.17 g/t Au in the Tombstone Gold Belt region.

New Pacific Metals (TSX:NUAG) Founder and CEO, Dr Rui Feng, spoke about the start of drilling at its Silverstrike Project in Bolivia.

Xanadu Mines (TSX:XAM) Managing Director Colin Moorhead discussed the Kharmagtai Mine lies within Mongolia’s South Gobi porphyry copper province, which hosts most of the region’s known porphyry deposits, like the similar Oyu Tolgoi Mine operated by Rio Tinto.

Orange Minerals (ASX:OMX) Non-Executive Director, Conrad Karageorge, sat down with The Market Herald to talk about the latest completed drilling campaign at its Wiseman’s Creek Project in New South Wales.

Snowline Gold (CSE:SGD) CEO, Scott Berdahl, spoke about the company’s recent gold discovery at the Rogue Project in Yukon, which  showed visual gold in a drill core sample.

Elmer Stewart, President and CEO of Copper Fox Metals (TSXV:CUU), talked about commencing development work on the Eaglehead Project as the exploration crew readies for drilling.

Silvercorp Metals (TSX:SVM) Vice President Lon Shaver spoke about the company’s two mining districts in China; the flagship Ying Mining District and the GC Mine.

David Christie, President and CEO of Orford Mining (TSXV:ORM), spoke about several key projects in Quebec and shared results from the company’s winter drilling program at the Joutel Eagle Property.

Baselode Energy (TSXV:FIND) CEO, James Sykes, spoke about the company’s encouraging intercepts from ongoing drilling at the Hook Project in Saskatchewan’s Athabasca Basin.

Peter Dembicki, President and CEO of Tier One Silver (TSXV:TSLV) discussed the upcoming drill program at its flagship silver-gold project, Curibaya in southern Peru, comprised of approximately 16,800 hectares in a copper porphyry belt that hosts some of Peru’s largest porphyry deposits.

Northstar Gold (CSE:NSG) President and CEO, Brian Fowler, spoke with The Market Herald about the highly prospective opportunity at its Miller Gold Property near Kirkland Lake, Ontario.

Steve Robertson, President and CEO of Infinitum Copper (TSXV:INFI), spoke about three brand new discoveries at its flagship high-grade Cu-Au-Ag La Adelita Project in Sonora, Mexico.

Max Porterfield, President and CEO of Callinex Mines (TSXV:CNX), spoke about the Rainbow Deposit discovery at the Pine Bay Project, one of the highest grade copper discoveries in the world.

Mawson Gold (TSX:MAW) CEO, Ivan Fairhall, spoke about the company’s flagship Rajapalot Gold-Cobalt Project, based in Finland, which features an August 2021 Inferred Resource of 1.04 Moz grading 3 g/t AuEq.

Debuting its first discovery of 6.64 g/t gold over 30.48 metres from its flagship Reliance Gold Project in B.C., Endurance Gold Corporation (TSXV:EDG) President and CEO, Robert Boyd, spoke about the company’s acquisition, exploration and development of highly prospective North American mineral properties.

Altaley Mining Corporation (TSXV:ATLY) operates two 100-per-cent owned projects in Mexico covering gold, zinc, lead and silver, its flagship Tahuehueto Project in Durango, which will be one of the top 3 high-grade gold mines in the country once finalized, as well as its Campo Morado Mine in Guerrero.

Dominic Duffy, CEO, of Mandalay Resources (TSX:MND) spoke about the Björkdal mine in Skellefteå, Sweden with processing capacity of 1.3 million tonnes per annum, and production in 2021 of around 45,236 oz Au.

Alexandra Woodyer Sherron, CEO & President of Empress Royalty (TSXV:EMPR) introduced the company’s Manica Gold Mine in Mozambique, which had just moved into pre-production.

Investors don’t prosper on potential. Investors prosper on returns.

After several very lean years, mining investors (and mining companies) may be starting to see a light at the end of the tunnel.


The post And that’s a wrap: The Market Herald at PDAC 2022 appeared first on The Market Herald.

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Analyst reviews Apple stock price target amid challenges

Here’s what could happen to Apple shares next.

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They said it was bound to happen.

It was Jan. 11, 2024 when software giant Microsoft  (MSFT)  briefly passed Apple  (AAPL)  as the most valuable company in the world.

Microsoft's stock closed 0.5% higher, giving it a market valuation of $2.859 trillion. 

It rose as much as 2% during the session and the company was briefly worth $2.903 trillion. Apple closed 0.3% lower, giving the company a market capitalization of $2.886 trillion. 

"It was inevitable that Microsoft would overtake Apple since Microsoft is growing faster and has more to benefit from the generative AI revolution," D.A. Davidson analyst Gil Luria said at the time, according to Reuters.

The two tech titans have jostled for top spot over the years and Microsoft was ahead at last check, with a market cap of $3.085 trillion, compared with Apple's value of $2.684 trillion.

Analysts noted that Apple had been dealing with weakening demand, including for the iPhone, the company’s main source of revenue. 

Demand in China, a major market, has slumped as the country's economy makes a slow recovery from the pandemic and competition from Huawei.

Sales in China of Apple's iPhone fell by 24% in the first six weeks of 2024 compared with a year earlier, according to research firm Counterpoint, as the company contended with stiff competition from a resurgent Huawei "while getting squeezed in the middle on aggressive pricing from the likes of OPPO, vivo and Xiaomi," said senior Analyst Mengmeng Zhang.

“Although the iPhone 15 is a great device, it has no significant upgrades from the previous version, so consumers feel fine holding on to the older-generation iPhones for now," he said.

A man scrolling through Netflix on an Apple iPad Pro. Photo by Phil Barker/Future Publishing via Getty Images.

Future Publishing/Getty Images

Big plans for China

Counterpoint said that the first six weeks of 2023 saw abnormally high numbers with significant unit sales being deferred from December 2022 due to production issues.

Apple is planning to open its eighth store in Shanghai – and its 47th across China – on March 21.

Related: Tech News Now: OpenAI says Musk contract 'never existed', Xiaomi's EV, and more

The company also plans to expand its research centre in Shanghai to support all of its product lines and open a new lab in southern tech hub Shenzhen later this year, according to the South China Morning Post.

Meanwhile, over in Europe, Apple announced changes to comply with the European Union's Digital Markets Act (DMA), which went into effect last week, Reuters reported on March 12.

Beginning this spring, software developers operating in Europe will be able to distribute apps to EU customers directly from their own websites instead of through the App Store.

"To reflect the DMA’s changes, users in the EU can install apps from alternative app marketplaces in iOS 17.4 and later," Apple said on its website, referring to the software platform that runs iPhones and iPads. 

"Users will be able to download an alternative marketplace app from the marketplace developer’s website," the company said.

Apple has also said it will appeal a $2 billion EU antitrust fine for thwarting competition from Spotify  (SPOT)  and other music streaming rivals via restrictions on the App Store.

The company's shares have suffered amid all this upheaval, but some analysts still see good things in Apple's future.

Bank of America Securities confirmed its positive stance on Apple, maintaining a buy rating with a steady price target of $225, according to Investing.com

The firm's analysis highlighted Apple's pricing strategy evolution since the introduction of the first iPhone in 2007, with initial prices set at $499 for the 4GB model and $599 for the 8GB model.

BofA said that Apple has consistently launched new iPhone models, including the Pro/Pro Max versions, to target the premium market. 

Analyst says Apple selloff 'overdone'

Concurrently, prices for previous models are typically reduced by about $100 with each new release. 

This strategy, coupled with installment plans from Apple and carriers, has contributed to the iPhone's installed base reaching a record 1.2 billion in 2023, the firm said.

More Tech Stocks:

Apple has effectively shifted its sales mix toward higher-value units despite experiencing slower unit sales, BofA said.

This trend is expected to persist and could help mitigate potential unit sales weaknesses, particularly in China. 

BofA also noted Apple's dominance in the high-end market, maintaining a market share of over 90% in the $1,000 and above price band for the past three years.

The firm also cited the anticipation of a multi-year iPhone cycle propelled by next-generation AI technology, robust services growth, and the potential for margin expansion.

On Monday, Evercore ISI analysts said they believed that the sell-off in the iPhone maker’s shares may be “overdone.”

The firm said that investors' growing preference for AI-focused stocks like Nvidia  (NVDA)  has led to a reallocation of funds away from Apple. 

In addition, Evercore said concerns over weakening demand in China, where Apple may be losing market share in the smartphone segment, have affected investor sentiment.

And then ongoing regulatory issues continue to have an impact on investor confidence in the world's second-biggest company.

“We think the sell-off is rather overdone, while we suspect there is strong valuation support at current levels to down 10%, there are three distinct drivers that could unlock upside on the stock from here – a) Cap allocation, b) AI inferencing, and c) Risk-off/defensive shift," the firm said in a research note.

Related: Veteran fund manager picks favorite stocks for 2024

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Major typhoid fever surveillance study in sub-Saharan Africa indicates need for the introduction of typhoid conjugate vaccines in endemic countries

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high…

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There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.

Credit: IVI

There is a high burden of typhoid fever in sub-Saharan African countries, according to a new study published today in The Lancet Global Health. This high burden combined with the threat of typhoid strains resistant to antibiotic treatment calls for stronger prevention strategies, including the use and implementation of typhoid conjugate vaccines (TCVs) in endemic settings along with improvements in access to safe water, sanitation, and hygiene.

 

The findings from this 4-year study, the Severe Typhoid in Africa (SETA) program, offers new typhoid fever burden estimates from six countries: Burkina Faso, Democratic Republic of the Congo (DRC), Ethiopia, Ghana, Madagascar, and Nigeria, with four countries recording more than 100 cases for every 100,000 person-years of observation, which is considered a high burden. The highest incidence of typhoid was found in DRC with 315 cases per 100,000 people while children between 2-14 years of age were shown to be at highest risk across all 25 study sites.

 

There are an estimated 12.5 to 16.3 million cases of typhoid every year with 140,000 deaths. However, with generic symptoms such as fever, fatigue, and abdominal pain, and the need for blood culture sampling to make a definitive diagnosis, it is difficult for governments to capture the true burden of typhoid in their countries.

 

“Our goal through SETA was to address these gaps in typhoid disease burden data,” said lead author Dr. Florian Marks, Deputy Director General of the International Vaccine Institute (IVI). “Our estimates indicate that introduction of TCV in endemic settings would go to lengths in protecting communities, especially school-aged children, against this potentially deadly—but preventable—disease.”

 

In addition to disease incidence, this study also showed that the emergence of antimicrobial resistance (AMR) in Salmonella Typhi, the bacteria that causes typhoid fever, has led to more reliance beyond the traditional first line of antibiotic treatment. If left untreated, severe cases of the disease can lead to intestinal perforation and even death. This suggests that prevention through vaccination may play a critical role in not only protecting against typhoid fever but reducing the spread of drug-resistant strains of the bacteria.

 

There are two TCVs prequalified by the World Health Organization (WHO) and available through Gavi, the Vaccine Alliance. In February 2024, IVI and SK bioscience announced that a third TCV, SKYTyphoid™, also achieved WHO PQ, paving the way for public procurement and increasing the global supply.

 

Alongside the SETA disease burden study, IVI has been working with colleagues in three African countries to show the real-world impact of TCV vaccination. These studies include a cluster-randomized trial in Agogo, Ghana and two effectiveness studies following mass vaccination in Kisantu, DRC and Imerintsiatosika, Madagascar.

 

Dr. Birkneh Tilahun Tadesse, Associate Director General at IVI and Head of the Real-World Evidence Department, explains, “Through these vaccine effectiveness studies, we aim to show the full public health value of TCV in settings that are directly impacted by a high burden of typhoid fever.” He adds, “Our final objective of course is to eliminate typhoid or to at least reduce the burden to low incidence levels, and that’s what we are attempting in Fiji with an island-wide vaccination campaign.”

 

As more countries in typhoid endemic countries, namely in sub-Saharan Africa and South Asia, consider TCV in national immunization programs, these data will help inform evidence-based policy decisions around typhoid prevention and control.

 

###

 

About the International Vaccine Institute (IVI)
The International Vaccine Institute (IVI) is a non-profit international organization established in 1997 at the initiative of the United Nations Development Programme with a mission to discover, develop, and deliver safe, effective, and affordable vaccines for global health.

IVI’s current portfolio includes vaccines at all stages of pre-clinical and clinical development for infectious diseases that disproportionately affect low- and middle-income countries, such as cholera, typhoid, chikungunya, shigella, salmonella, schistosomiasis, hepatitis E, HPV, COVID-19, and more. IVI developed the world’s first low-cost oral cholera vaccine, pre-qualified by the World Health Organization (WHO) and developed a new-generation typhoid conjugate vaccine that is recently pre-qualified by WHO.

IVI is headquartered in Seoul, Republic of Korea with a Europe Regional Office in Sweden, a Country Office in Austria, and Collaborating Centers in Ghana, Ethiopia, and Madagascar. 39 countries and the WHO are members of IVI, and the governments of the Republic of Korea, Sweden, India, Finland, and Thailand provide state funding. For more information, please visit https://www.ivi.int.

 

CONTACT

Aerie Em, Global Communications & Advocacy Manager
+82 2 881 1386 | aerie.em@ivi.int


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US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever… And Debt Explodes

Earlier today, CNBC’s…

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US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever... And Debt Explodes

Earlier today, CNBC's Brian Sullivan took a horse dose of Red Pills when, about six months after our readers, he learned that the US is issuing $1 trillion in debt every 100 days, which prompted him to rage tweet, (or rageX, not sure what the proper term is here) the following:

We’ve added 60% to national debt since 2018. Germany - a country with major economic woes - added ‘just’ 32%.   

Maybe it will never matter.   Maybe MMT is real.   Maybe we just cancel or inflate it out. Maybe career real estate borrowers or career politicians aren’t the answer.

I have no idea.  Only time will tell.   But it’s going to be fascinating to watch it play out.

He is right: it will be fascinating, and the latest budget deficit data simply confirmed that the day of reckoning will come very soon, certainly sooner than the two years that One River's Eric Peters predicted this weekend for the coming "US debt sustainability crisis."

According to the US Treasury, in February, the US collected $271 billion in various tax receipts, and spent $567 billion, more than double what it collected.

The two charts below show the divergence in US tax receipts which have flatlined (on a trailing 6M basis) since the covid pandemic in 2020 (with occasional stimmy-driven surges)...

... and spending which is about 50% higher compared to where it was in 2020.

The end result is that in February, the budget deficit rose to $296.3 billion, up 12.9% from a year prior, and the second highest February deficit on record.

And the punchline: on a cumulative basis, the budget deficit in fiscal 2024 which began on October 1, 2023 is now $828 billion, the second largest cumulative deficit through February on record, surpassed only by the peak covid year of 2021.

But wait there's more: because in a world where the US is spending more than twice what it is collecting, the endgame is clear: debt collapse, and while it won't be tomorrow, or the week after, it is coming... and it's also why the US is now selling $1 trillion in debt every 100 days just to keep operating (and absorbing all those millions of illegal immigrants who will keep voting democrat to preserve the socialist system of the US, so beloved by the Soros clan).

And it gets even worse, because we are now in the ponzi finance stage of the Minsky cycle, with total interest on the debt annualizing well above $1 trillion, and rising every day

... having already surpassed total US defense spending and soon to surpass total health spending and, finally all social security spending, the largest spending category of all, which means that US debt will now rise exponentially higher until the inevitable moment when the US dollar loses its reserve status and it all comes crashing down.

We conclude with another observation by CNBC's Brian Sullivan, who quotes an email by a DC strategist...

.. which lays out the proposed Biden budget as follows:

The budget deficit will growth another $16 TRILLION over next 10 years. Thats *with* the proposed massive tax hikes.

Without them the deficit will grow $19 trillion.

That's why you will hear the "deficit is being reduced by $3 trillion" over the decade.

No family budget or business could exist with this kind of math.

Of course, in the long run, neither can the US... and since neither party will ever cut the spending which everyone by now is so addicted to, the best anyone can do is start planning for the endgame.

Tyler Durden Tue, 03/12/2024 - 18:40

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