There will be no bailout, Gold hits largest sales at US Mint since 1998

Everything is bust.
Banks, commercial real estate, blue states.
Hearing rumblings around insurance too.
The printing will be on a historical scale.
As will the desire to exit the printing.https://t.co/1CYulSV5PN https://t.co/ZQADD0jUZZ

— Balaji (@balajis) April 3, 2023

Just so you know…they are out of silver at the mint (or very low) and not producing.

Remember, insurers hold "safe" assets.
Like bonds and mortgages.[1]
And how are those safe assets doing?
In the era of unprecedented, surprise rate hikes?
Not so great, Bob. [2]
[1]: https://t.co/SQgfVDBhAq
[2]: https://t.co/MTZOEKzNwj pic.twitter.com/Mk9M0nK8Tz

— Balaji (@balajis) April 3, 2023

US Mint #gold coin sales totalled 288,000oz (Eagle+Buffalo) in March – the highest monthly total since October 1998. On a YTD basis, gold coin sales now total 587,000oz, the highest first quarter since 1999. pic.twitter.com/PX8Ukpjcfb

— Krishan Gopaul (@KrishanGopaul) April 3, 2023

h/t jlee2027