The cost to service the U.S. public debt surged to a new all-time high due to the Federal Reserve raising interest rates. How much did the interest expense go up?? A Bunch… LOL. Also, with the U.S. debt getting ready to reach the Debt Ceiling, we will have another Political War in the coming weeks ahead…
Last week I chatted with Tom at Palisades Radio about why the Financial World is one Giant Ponzi Scheme. The world is now nothing more than a typical Ponzi scheme because we used the energy profits to pay positive returns, which will no longer be possible when we head over the Energy Cliff…
The U.S. Administration’s Energy Security Policy is heading for failure as it won’t be sustainable in the years ahead. The draining of the U.S. Strategic Petroleum Reserve and the inability of the U.S. to grow it’s domestic oil production spells BIG TROUBLE for Americans…
Something BIG is happening with Gold & Silver coin premiums. This week, I decided to focus this Metals Update just on the Big Trend Change in precious metals premiums. Most of the gold and silver coin premiums are seeing the highest levels ever… and there ISN’T a FINANCIAL CRISIS…
If you thought the 2008 Global Financial Crisis was terrible, the next one will be for the record books. The main problem now hitting the Global Financial System is the lack of liquidity and the declining quality of “Collateral” backing the $300+ trillion in debt. Investors will be forced to move into silver in the future…
Today, there was a MAJOR EVENT suggesting something Big has changed in the Silver Market. This is just a quick update because I believe it is a very important trend change. I will be posting the STRATEGIC Silver Report tomorrow, which is a MUST-WATCH video…