Palisades Gold Radio · Wednesday, August 26, 2026
The transcript highlights that US government debt has surpassed $40 trillion, with yields rising to historical highs. This situation is seen as a disconnect between market reality and official narratives, indicating increasing desperation from debt-strapped governments.
“And then you've got a debt level that's unprecedented. So, you know, this hockey puck, the direction of this hockey puck for years, the pace of it is accelerating, the volatility is accelerating, the desperation by debt-strapped governments is accelerating, war headlines are accelerating.”
“To suggest that 2026 has been a volatile year feels like an understatement. We've seen kinetic war breakout in the Middle East. We've seen a historic correction in gold since a January peak. And the US government debt just surpassed 40 trillion dollars.”
“And, you know, the government debt just passed $40 trillion. US public government debt just surpassed $40 trillion.”