Back in January we described the U.S. monetary situation as critical. We announced that “we are experiencing a tectonic-scale event, a global and critical monetary resent. Everything will be different on the other side of this developing crisis!”

Referring to the Wall Street Journal’s grim assessment of gold we cited the unraveling of the legal counterfeiting era of Washington’s money printers. “We don’t know how they managed to overlook the fact that the Federal Reserve effectively printed more than $8 trillion between 2008 and 2022. We call that willful blindness, but it is the monetary policy that gave us the highest inflation in more than forty years and today’s continuing and worsening affordability crisis!”

The Journal’s account 2022 account we cited announced that gold has lost it safe haven status. The gold price was $1678 an ounce at the time. As we write gold is trading above $4,400.

Now Mike Wilson, Morgan Stanley’s chief US equity strategist and CIO, acknowledges that gold has been in a bull market for 25 years.

If it wasn’t apparent then, the facts are screaming urgency now. Under President Trump the U.S. debt is growing by $75,000 per second. The gross national debt is within a whisper of $40 trillion, a benchmark that will rivet the financial world’s attention.

In our next commentary, we will provide other essential details that paint a heart-stopping picture of the Washington financial mess.

We concluded the piece in January this way:

Call or stop by Republic Monetary Exchange before any more time slips by. The US is in financial hot water. We may awaken to find ourselves in a global monetary war, with few allies. The world will begin to turn up its nose at our debt offerings. It reminds us of Ernest Hemingway’s description of how someone goes bankrupt: “Slowly at first. Then all at once.”

In short: SITUATION CRITICAL!