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Gold is still up on the day this Tuesday ahead of the US trading session. Traders are on edge over possible comments from President-elect Donald Trump over gradual tariff implementation. Gold attempts to avoid trading back into a broader-term pennant formation with limited upside. submitted by /u/Demblin |
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WallStreetMav: The most recent data for December 2024 is out. The US govt had total revenue (taxes, fees, tariffs) of $454 billion. The US govt paid $140 billion in interest on the national debt.
31% of all govt revenue was consumed by interest payments on the debt. It is actually worse than that. The