Don't believe these big lies - the following charts illustrate just what IS reality. Take a look and then get prepared for when the ---- hits the fan!
Read More »Where Does U.S. Credit-worthiness Rank Among Other Countries? (+2K Views)
Leading up to the short term resolution of the debt ceiling crisis there were many articles about the extent of the national debt of the U.S.. the likelihood of default and, as such, the overall credit-worthiness of the once proud U.S. of A. The fact is, however, that while the U.S. does not rank in the top 10, it is far more financially sound than most other countries. Take a look at where it ranks compared to 47 other countries.
Read More »10 Ominous Warnings Of What Will Happen IF There Is An Extended U.S. Debt Default
If the debt ceiling deadline (approximately October 17th) passes without an agreement that would be extremely dangerous - and if the U.S. government is eventually forced to start delaying interest payments on U.S. debt (which could potentially happen as soon as November), that would be absolutely catastrophic.
Read More »Goldrunner: Here’s My Take On All That Debt Ceiling Crap (+2K Views)
All of the crap about the debt ceiling is really about plausible deniability, delivered as propaganda. Threaten deflation and austerity to make a big scene, and force the people to demand the debt ceiling be raised. This is all part of the “show deflation” at critical times when they want to print more aggressively with no blow back.
Read More »These U.S. Gov’t Policies Ensure That An Economic Recovery Is Close to Impossible (+2K Views)
Despite all you hear coming from the government’s media megaphone, there is no economic recovery underway, nor can there be one. The policies in place ensure that one will not happen.
Read More »Continued Growth In U.S. Public Debt Suggests $2,000 Gold – Here’s Why (+3K Views)
The price of gold, on a quarterly basis, is 86% correlated - yes, 86%! - to total government debt going back to 1975... and a shocking 98% over the past 15 years!. Despite the current rumblings, everyone is aware that the debt ceiling will be raised and will likely surpass $20 trillion by the end of President Obama’s term. That would put the price of gold at about $2,000 per ounce.
Read More »Why All the Hullabaloo About U.S. Debt?
Is the debt issue phony? It sure sounds like a lot, doesn't it? $17 trillion in federal government debt. Wow. It's a big, scary number, no doubt about it, ...and it's a lot bigger than in years past, but is it really that bad? Could it be that our debt profile has been grossly exaggerated? I think so. Let me explain why I think that is the case.
Read More »What You Need to Know About the U.S. Budget Deficit & National Debt (+4K Views)
Q: Don't laugh at me, but what is a deficit? A: It's actually not a dumb question. Here's why.
Read More »Noonan: The Fed Will Never Ever Taper & What That Means For Gold
The Ponzi bubble is bigger than most can imagine. Western central planners... [continue to try to] suppress gold and silver in order to keep their sorry lives alive. In the process, the destruction of people’s financial well- being is unabated...
Read More »The State of the World’s Economy is Dire!
Minor tidbits of good news, combined with manipulated and seasonally adjusted economic figures, are giving politicians worldwide reason for spreading their optimistic gospel of recovery that has nothing to do with reality. [They are nothing but] false hope and total misunderstanding of the real state of the world economy.
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