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.
Gerald Celente: Founder & Director of the Trends Research Institute – Gerald has had a long track record of making some of the most controversial, yet correct calls in terms of global trends and events. In fact, many consider Mr. Celente to be the top trends forecaster in the world…
Gerald Celente: Founder & Director of the Trends Research Institute – Gerald has had a long track record of making some of the most controversial, yet correct calls in terms of global trends and events. In fact, many consider Mr. Celente to be the top trends forecaster in the world…
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.