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Gold Dollar

Canadian Investment Firm Says “America Faces a Debt Reckoning” That Could Push Gold Prices Much Higher

by Publius
November 17, 2023
in Opinions, Original
Discern Report

A prominent boutique investment firm in Toronto, Maison Placements Canada, is cautioning investors about the looming global threats and suggesting that gold could serve as a valuable asset in the months and years ahead.

In his recent research report, John Ing, the president, and CEO of Maison Placements Canada, anticipates a rally in gold prices to $2,200 per ounce. Ing attributes this optimism to the culmination of factors such as mounting inflation, de-dollarization, heightened geopolitical risks, global debt, and the rise in populism, creating a favorable backdrop for gold as a safe-haven asset.

Ing emphasizes that a significant global economic threat stems from escalating debt issues in the United States. He notes that since 2008, the supply of Treasuries has surged five-fold, surpassing $25 trillion. The fiscal year has witnessed a surge in deficit spending, reaching $1.7 trillion, pushing the U.S. debt past $33 trillion. Ing warns of an impending “debt reckoning” for America.

Despite the growing threat, Ing observes that the U.S. government continues its record spending, particularly in the push for a transition to green energy to meet global carbon dioxide reduction targets. He characterizes this transition as a challenging “black hole” from which escape is nearly impossible. Ing criticizes President Joe Biden’s Green Deal, describing it as something between a mirage and a boondoggle due to challenges like high interest rates, permit delays, and supply problems.

Ing underscores that the colossal U.S. debt makes it difficult for the country to maintain stability in the face of two major conflicts, highlighting the dwindling military arsenal and the high cost of arming itself. He attributes the overconfidence of the American economy to arrogance and complacency, contrasting it with the strength that led the U.S. to victory in the Cold War.

Moreover, Ing points out that America’s massive debt is negatively impacting the U.S. dollar, as the trend of deglobalization prompts nations to diversify away from the greenback. He expresses concern that the biggest threat to the dollar comes from the U.S. government itself, labeling the burden of debt as America’s Achilles heel.


  • What Is Driving Silver’s Price Rise and Will It Continue?


Ing predicts a continued selloff in bond markets, with investors reluctant to expose themselves to more U.S. debt. He describes the meltdown in Treasuries as among the worst in history, with significant declines in both 10-year and 30-year bonds. Ing concludes by asserting that, in this challenging environment, gold remains an attractive buying opportunity, offering investors a means to preserve their capital.

Article generated from corporate media reports.

Discern Report





Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas

Promised Grounds Gift Pack

When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.

This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.

1. It’s Truly Delicious Coffee

Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.

Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.

Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.

2. It Spreads the Word While Serving a Real Purpose

There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.

Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.

It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.

3. It’s Affordable, Valuable, and Elegantly Presented

Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.

The packaging is classy, clean, and gift-ready, making it ideal for:

  • Family members of all ages
  • Co-workers or employees
  • Church friends or small-group leaders
  • Hosts, neighbors, and last-minute gift needs

It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.

The Perfect Blend of Faith, Flavor, and Christmas Cheer

A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.

If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.

Tags: DebtGoldJohn IngLedeMaison Placements CanadaTop Story
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Comments 1

  1. William da bed wetter says:
    2 years ago

    I hope gold goes to 8k per ounce; I have a few bars. I can then pay off my home and then buy an over priced new car!!!

    Reply

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