At thirty-three trillion of national debt, interest consumes a huge portion of taxes collected. The debt has grown every year since 2001 as the government has spent more than its tax receipts. Debt is 54% higher than five years ago. Interest payments are on track to exceed $1 trillion before
Another week ticks by and we are still juggling everything in the economy and out to look normal. The banks become more unstable, and more military equipment is ordered and then produced to throw into yet another brewing ‘war front’. We follow the money and see once again the ‘military,
Limit government so that they do not overwhelm the population and build bureaucratic edifices creating more and more government staff into the ‘privileged’ class and more and more people away from the productive population.
Are rate hikes the answer to the economic woes created by the same people we now expect to save us? So we have a pause. Will this save us? The economy in my opinion has been deliberately imploded in order to make implementation of the CBDC (Central Bank Digital Currency)
It is difficult for me to believe that the super educated people of the FED can make decisions not conducive to their memorandum. “Promote maximum employment, stable prices and moderate long term interest rates”. I would be embarrassed to show my face in public if I had failed in every
Utilizing the cup and handle formation on the monthly chart of gold, built up since 2012, and projecting the depth of the cup using the right shoulder of the formation, gives us a dollar value of approximately $1,000.00 added to the top horizontal green line of $2,000.00, giving us a projected price of about $3,000.00. As always, this represents the what, and the when is always the really difficult part to predict.
Fort Kobbe International Vaults is the only Private Safe Deposit Box and Vaulting facility that is open and fully functional in Panama during these extreme and unprecedented times. Imagine that you need to get into your box or want to add to your holdings and the facility you have selected
2020, to say the least, has been an interesting year so far, unpredictable, and uncertain, with the very foundations of our “normal” realities shaken, as this virus and the massive government response to it, sweeps the globe. On top of that, ongoing trade wars with China, wildfires in January highlighting
Trump believes that a weaker dollar will enable cheaper exports – and therefore create more jobs to Make America Great Again – which would make the greenback more competitive against other currencies.
The world’s second-largest economy, China, along with Russia are buying gold like it’s no one’s business.
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