When the results are released, the second-quarter economic data will be the worst on record. With the massive money printing by the U.S. government, public debt has ballooned more than $3 trillion since the lockdown of the domestic economy. The total U.S. public and private debt will likely surpass $80…
If the carnage that took place in the U.S. shale oil patch during the first quarter of 2020 is any indication of the financial health of the industry, just wait until the second-quarter results are released. Yes, there’s going to be serious BLOODSHED in the shale industry come early August….
Americans better become reacquainted with Gold and Silver. With the Federal Government adding $25 billion of new debt every day so far this year, at some point, investors are going to lose faith in the U.S. Dollar and U.S. Treasuries. Just think about that for a minute. On average, for…
If Americans thought the U.S. Government would be in serious trouble as its ability to service its ballooning debt would become unmanageable, guess again. After the U.S. Government added nearly $3 trillion more debt in just the past eight months (fiscal year), the interest paid on the public debt actually…
The stock markets surged today on news that the U.S. unemployment rate “SURPRISINGLY” fell to 13.3% in May, down from 14.7% in April. Somehow, with most of the country still on lockdown in May, there were 2.5 million Americans added to the payrolls along with 345,000 new businesses that were…
With the U.S. heading into an economic depression, it will likely motivate more investors to protect their wealth in precious metals. Thus, we could experience a U.S. economic depression and, at the same time, a bull market in gold and silver. Interestingly, over the past two months, the major U.S….