It took the USA 218 years to grow its national debt to 9 Trillion dollars. Take a look at the graph above. From 1792 to 1980, the national debt, while rising as the 20th Century progressed, was still under 1 Trillion dollars.
Between 1980 and 2010, the debt ballooned to that 9 Trillion dollar figure…
…but what’s scary is that in the space of just 7 years, between 2010 and 2017, successive US government administrations … Continue reading...
This hard-hitting interview about Lynette Zang (who only seems to have appeared on the scene comparatively recently), ACChain (a Chinese centralised blockchain effort) and Bitcoin is a jaw dropper.
As the economic-crypto-precious metals truth community continues to bash Lynette Zang for daring to mention the new ACChain in China, The SGTReport continues to point out that the discussion will continue – and that new emerging evidence about ACChain suggests that Zang may be right.
Andy … Continue reading...
I guess silver specialist David Morgan is a little late to the party on this…
One of the biggest challenges that Gold & Silver investors have had to deal with is an extended recovery with a long bottoming process…just like we’re going through right now.
While that has been taking place many precious metals investors have been wondering whether investing in Gold and Silver has been the right move or if now is the right … Continue reading...
Mike Maloney interviews Jeff Clark about his recent bet with Harry Dent – if gold can be considered a commodity, and how gold could perform in deflation.
You can watch Maloney’s Hidden Secrets of Money video series here if you want to learn more about money, currency and how the economy actually works. … Continue reading...
In the video below, Mike Maloney sits down with Max Keiser and Stacy Herbert in New York to discuss how the outbreak of war impacts the price of gold and the international monetary system. Mike also reveals insights into his personal holdings including cryptocurrencies.
As we keep printing money in the USA, which by the way we cannot stop. We have to continue printing money in order to keep the US economy moving.
You see, everyone thinks that it’s income tax revenue that runs the country. They spend time complaining about how their tax dollars are not being used to look after them in the way they want them to be used.
But the … Continue reading...
The United Kingdom formally triggered their departure from the European Union yesterday and it its wake, demand for gold bars from UK investors remained robust and ongoing. In fact, many UK investors are diversifying into physical gold in order to hedge the considerable uncertainty and volatility that the coming months and years will bring.
Here’s a graph of sales of gold bars from January:
The legal mechanism triggered yesterday is called Article 50 and it … Continue reading...
Even today, people are still finding new uses for gold that are impressive in their own right. For example, scientists recently discovered a gold alloy that is four times tougher than titanium.
The following infographic from BullionVault puts the rich history of gold into perspective (click the image for a larger view):
If you’ve been buying or investing in gold for any length of time, you’ll probably be aware that China has been acquiring a lot of gold over the last several years. It seems that their appetite for the yellow metal knows no bounds. An that demand really comes to light with all the withdrawals from the Shanghai Gold Exchange (SGE).
That’s because those withdrawals represent physical metal. Unlike us in the West who play with … Continue reading...
The Gold to Silver ratio is pretty simple. It’s how much of one metal is there in comparison to the other. Historically, there’s been about 9 to 10 times as much silver mined as gold, so the Gold to Silver ratio should be about 1:10.
But the financial and other worlds are involved in the equation and the average ratio has been somewhere in the region of 1:15 for the last couple of hundred years. … Continue reading...
Buy small gold bars and gift items in gold bullion
