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U.S. Treasury pays $24 billion weekly in interest, Peter Spina notes

U.S. Treasury pays $24 billion weekly in interest, Peter Spina notes
U.S. Treasury faces high borrowing costs

Peter Spina, CEO at GoldSeek.com, highlights that the U.S. Treasury has borrowed $155 billion each month during this fiscal year.

He adds that the country is making $24 billion in weekly interest payments.

Spina has previously pointed to rising bearish sentiment in precious metals, noting that gold and silver prices are approaching capitulation. Earlier, he voiced doubt about support from a George Soros associate and criticized the Trump administration for extracting billions from the crypto sector. These views reflect his ongoing commentary on U.S. fiscal and market pressures.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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