Silver as an investment

Category Archives: uS National Debt

Stockman: US Fiscal Path Will Rattle the Rafters of the Casino

schiffgold.com / BY SCHIFFGOLD  / DECEMBER 26, 2017 As we’ve reported, the US government is spending money like a drunken sailor. But nobody really seems to care. Since Nov. 8, the US national debt has risen $1 trillion. Meanwhile, the Russell 2000 (a small-cap stock market index) has risen by 30%. Former Reagan budget director David Stockman said this makes […]

The Timetable for an Exploding US Debt Bomb

financialsense.com / FS Staff / 06/13/2017 US national debt currently stands at $19.9 trillion and, at the rate it’s going, is set to surpass $20 trillion in 2017. Gary Shilling, publisher of the must-read Insight newsletter, said this is not a problem until we either see “a tremendous amount of inflation or a complete breakdown in confidence in […]

Debt Is Piling Up: So What?

schiffgold.com / BY SCHIFFGOLD / MAY 31, 2017 Debt is piling up worldwide. But so what? We have described increasing levels of US debt as a “ticking debt bomb.” American families have amassed more than $1 trillion in credit card debt alone. As of the end of 2016, the average credit card debt per American household stood at […]

Here’s why (and how) the government will ‘borrow’ your retirement savings

sovereignman.com / Simon Black / February 15, 2016 According to financial research firm ICI, total retirement assets in the Land of the Free now exceed $23 trillion. $7.3 trillion of that is held in Individual Retirement Accounts (IRAs). That’s an appetizing figure, especially for a government that just passed $19 trillion in debt and is in pressing need […]

Debt Is an Elephant in the Room and It’s Going to Rampage

schiffgold.com / BY SAMUEL BRYAN  / FEBRUARY 8, 2016 Debt is crushing the American economy. Over the last month or so, the mainstream seems to have realized that the economy isn’t on nearly as solid ground as government officials and central planners were telling them throughout 2015, and all of a sudden, gold is in vogue. But […]

Vertical Immobility: American dream too steep to climb

What used to be known as the land of opportunity slowly becomes a place where many have little to look forward to. For the first time since the Great Depression people no longer have prospects to do better than their previous generation. RT’s Marina Portnaya reports on what the economic crisis have left of the […]

Market Manipulation; No Fun No More

gold-eagle.com / by Mark J Lundeen / June 18, 2012 Governments and their central banks have inflated the global-bond markets into a bubble that will long be remembered, and written about by market historians. Look at the US Treasury bond chart below; since this bond series was issued in August, 1997, US Treasury debt has […]

U.S. NATIONAL DEBT: A VISUAL PRESENTATION

[Via: Amazing penny facts about the US debt] View a larger copy of the US debt infographic along with the code to add this infographic to your own website.