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ac_20230602 - June 9?

Divine Intelligence, etc

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Investing in T-Bills Given the Debt Ceiling Drama

There are coins, bullion and then there are investments in funds that issue something intangible like an interest in a pool that is backed by precious metals. And those are three entirely different risk profiles. So I don't know how to divide things up in the way we're discussing in here because in an environment that is corrupt as this, you have to be very careful. But it does not look like there's anything looming right now. We've been through this many times. It happens every few years that we come close to the debt ceiling. The US government can do before it defaults on bills and bonds issued by the- I think it's 78 times since 1970.

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