Recent analysis from Deutsche Bank reveals stark differences in projected gold prices under potential Trump or Harris administrations through 2029. These differences highlight economic implications that underscore Texas’ need for independence from Federal fiscal decisions. The report, which examines both candidates’ proposed policies, presents a compelling case for Texas to chart its own economic course.
As a Texan watching Washington’s continued fiscal mismanagement, I can’t help but notice how both candidates’ policies point toward massive Federal debt expansion. The Deutsche Bank report suggests gold prices could reach $4,150 per ounce under a Trump administration by 2029 while maintaining a $3,730 baseline under other scenarios. These projections stem from anticipated Federal spending that will burden our children and grandchildren with crushing debt.
We Texans must recognize that our economic future hangs in the balance. The Federal Government’s spending addiction affects every aspect of our financial security – from the value of our savings to the strength of our pension funds. Texas, with an economy larger than most nations, shouldn’t have its monetary policy dictated by Washington’s whims.
The numbers paint a clear picture: Trump’s policies could add $7.75 trillion to the national debt through 2035, while Harris’s approach would increase it by $3.95 trillion. Either way, Texas taxpayers will bear a heavy burden for Federal excesses. Our state, which consistently runs a balanced budget, deserves better than to be shackled to this fiscal irresponsibility.
Here’s what makes Texas different: We have the resources, the economic strength, and the fiscal discipline to stand on our own. Our energy sector alone could support a sovereign nation. While Washington debates between “drill, baby, drill” and green energy mandates, Texas could implement an energy policy that serves Texans first – not Federal bureaucrats or foreign interests.
The Deutsche Bank report’s prediction of gold price volatility based on Federal policy changes reminds us why Texas needs monetary independence. An independent Texas could maintain stable monetary policy without the wild swings caused by Washington’s political theater. We could protect our citizens’ wealth through sound fiscal management rather than watching Federal debt spiral ever higher.
The choice before us isn’t between Trump or Harris – it’s between continued submission to Federal economic mismanagement and the freedom to control our own destiny. Texas has the constitutional right and the economic muscle to reclaim our independence. The real question is: How much more Federal debt and monetary chaos will we endure before we exercise that right?
