The next round of inflation is coming shortly.
The U.S. now has $39.4 trillion in public debt. This is up over $3.2 trillion in the last 12 months alone. Yes, the U.S. has increased its debt by 10% in a single year.
Let’s be clear. There are three ways to deal with debt.
- Pay it off.
- Default/restructure.
- Attempt to “inflate it away” by devaluing the currency so that every future dollar in debt payments is worth less.
Policymakers have been attempting #3 since the late 1990s. The U.S. dollar has lost 50% of its purchasing power since that time.
This situation is now accelerating. It took the U.S. 232 years to hit its first $10 trillion in debt. It added its second $10 trillion in just nine years. Its third $10 trillion took just five years. And it will add its fourth $10 trillion in four years.
Nothing stops this train. U.S. debt and Treasuries are the bedrock of the current financial system. There are over $200 trillion in over-the-counter derivatives that trade based on their yields. In this context, a debt restructuring or default by the U.S. would trigger a systemic crisis that would make 2008 look like a picnic.
This means policymakers have no choice but to keep inflating the debt away — which means more money printing and a weaker dollar. Another round of inflation is coming shortly. The bond market knows this. Take a look at the yield on the 10-Year U.S. Treasury, which is about to break above critical resistance. Inflationary pressures are building.
In terms of profiting from this, we just published a Special Investment Report covering five investments you can use to profit from the next round of inflation.
The report is titled Survive the Inflationary Storm. It explains my top precious metals plays — their names, their ticker symbols, and the resources they own. These are high-octane positions that rallied 75%, 140%, 150%, 180%, 280%, and an incredible 574% in 2025. And I wouldn’t be surprised to see them repeat this performance in 2026.
Normally I’d charge $499 for this report as a standalone item, but in light of what is unfolding today, we are making just 100 copies available to the public.
To grab one of the last remaining copies…
Best Regards,
Graham Summers
Chief Market Strategist
Phoenix Capital Research
