Trump Avoid Debt Crisis ? "Extremely Unlikely" says Rickards
The upcoming March 15 U.S. debt ceiling deadline is something that is being largely ignored by markets and most media for now. Despite it being just 9 trading days away. This will change in the coming days and is one of the many reasons why we are bullish on gold.
Source: CNN
Via George Friedman and Jacob Shapiro of MauldinEconomics.com,
Via Ted Galen Carpenter of The Strategic Culture Foundation,
President Trump has confirmed that he is officially reviewing the United States’ participation in the “corrupt” U.N. Human Rights Council. The Trump administration warned on Wednesday that it would look seriously at whether it is in the interests of the United States to continue dealing with an international body who seems to be “obsessed with Israel.” Erin Barlacy, U.S. deputy assistant secretary of state, blasted the Council in Switzerland earlier this week, saying that the U.S. was reconsidering its relationship with the organization.
Earlier today, the world's biggest fast food retailer spooked its investors when it briefly halted trading in its stock ahead of its annual investor day. However, instead of some dramatic M&A deal revelation, McDonalds had a far less exciting announcement: it had decided to go back to basis in an attempt to recover some 500 million U.S. orders it had lost over the past five years to competition as a result of failed attempts to widen its customer base.