Short-Term Debt Refinancing, Japan's Treasury Holdings, and Silver's Renewed Strength

In this appearance on the And We Know Show, Dr. Kirk Elliott discusses silver's recent advance and the mounting pressures in the US Treasury market. He reviews charts showing combined public and private debt above 400% of GDP, federal debt near $39 trillion, and annual debt service now above a trillion dollars as interest rates have roughly doubled. Roughly 38% of federal debt is short term, he notes, leaving about $9 trillion to be refinanced by year end at higher rates. He places the Treasury's recent $90 billion support for the Japanese yen in that context, since Japan ranks among the largest foreign holders of US Treasuries, and traces how rising yields reduce bond values. He frames the long consolidation in metals as a normal retracement, reviews repositioning IRAs and older retirement plans into physical bullion rather than paper instruments, and invites viewers to schedule a consultation with the KEPM team.