August 16, 2025

Ballooning Deficit Creates Bullish Backdrop for Gold, Bitcoin — Kobeissi

In July, U.S. tariff revenue soared over 300% to a record $29.6 billion, bringing the total raised since March to over $100 billion.Record Tariff Revenue vs. Widening DeficitIn a stunning fiscal surge, U.S. tariff revenue skyrocketed by over 300% in July …

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