Tom Cloud discusses why it is important to protect wealth as the U.S. Government moves into a “Debt-Super Cycle.” Also, Tom mentioned that the precious metals prices have gone up as the U.S. Dollar has declined. Thus, the direction of gold and silver prices is based on the U.S. Dollar.
Tom also explains why well-known hedge fund manager, Ray Dalio, is deeply concerned about the U.S. Government Debt-Super Cycle. U.S. Government Debt has increased by $1.1 trillion in just the past six weeks. That’s an extra $22 billion a year of Interest Expense based on just a 2% interest rate. It is likely higher than that.
I will put out a new Silver Member post tomorrow on how Gold & Silver Prices have been trading against the U.S. Dollar and what the technicals say.
You can contact Tom, Dan, or Katherine… Click here: CLOUD HARD ASSETS. You can also call (800) 247-2812.
DISCLAIMER: SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and investing. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed investment decisions. Under no circumstances should you interpret opinions which SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.
Check back for new articles and updates at the SRSrocco Report. You can also follow us on Twitter and Youtube below: