Conditions Are Much Worse Today As Yields Surge September 2 (King World News) – Peter Schiff: If a 4.8% yield on a 10-year Treasury seems high, during the 1970s the average yield was 7.5%. During that decade the national debt averaged about $500 billion, 1/80th of its present size. Yes, inflation as measured by the now rigged CPI was higher then, but that’ll soon change. The average yield on
Sell tech, buy miners: Gold & silver rebounding as insane money printing continues unabated.
Demand for physical gold and silver is likely to reemerge, plus this just hit the highest level since 2008.
This jaw-cropping chart is one for the history books.
Gold surged last time this happened.
Investors need to own physical gold and silver as US annual interest expense just hit the highest level since 1991!
Today the top trends forecaster in the world told King World News that US total debt and liabilities is really a staggering $126 trillion and gold is headed a lot higher.
On the heels of today’s orchestrated silver and gold takedown on the back of Fed babble, it turns out there is almost nobody long the silver futures market. This is an incredibly bullish indicator as the price of silver is coiling to explode on the upside.
Despite today’s Fed babble, and the subsequent trading volatility, $15,000 gold and $300–$500 silver targets remain intact. August 28 (King World News) – Peter Schiff: Warsh admitted 65 months of high inflation are the Fed’s fault, yet failed to acknowledge the Govt.’s shared responsibility. Despite tough talk on inflation, his failure to mention the soaring national debt or Treasury’s Operation Twist shows he won’t do anything to rein it in.
The Great Rebalancing will fuel the gold bull market for years to come.
Here is a look at real world inflation as M2 money supply grows at a rapid rate.
This gold stock has been on a tear before pulling back today, plus look at what just hit the highest level in a decade.
The price of gold close back above $4,700 for the first time in 3 1/2 months. Here is a look at why gold has been surging.
The US may gold on a massive gold buying spree sending the price of gold to $20,000.
This is why analysts are now predicting $10,000-$20,000 gold.
The US is now desperate to manipulate the price of gold to $17,000-$20,000 or higher.
Today financial legend Rob Arnott issued this warning to the US government.
What a week: Gold futures hit $4,660, silver futures $70!
The US dollar tanked, gold soared, but take a look at this…
After the price of gold exploded higher on Wednesday, gold and gold stocks remain incredibly cheap.