The federal government just racked up its largest ever quarterly deficit at $488 billion, and nobody is talking about it.

Of course they aren’t. The federal government has been running deficits nearly every quarter for the past fifty years and there have been plenty of new records in the past decade.

Federal deficits are boring. Especially when compared to the drama being played out between Trump and his deep state adversaries in the intelligence services and the Department of Justice.

 

Deficits may be boring, but they are perpetual, and there is still only one way for this to end. America is still on the road to a national bankruptcy. This president isn’t going to change that.

Maybe President Donald Trump would prefer balanced budgets and vast reductions in the bureaucracy. He may have discovered limited government is ... Read more »

Thanks to the Fed and Central bank intervention, sales of Gold and Silver Eagle sales declined sharply over the past year. Yes, it’s true… precious metals investors have lost interest in gold and silver as the stocks, real estate, and crypto markets reached new highs in 2017. So, who wants to continue purchasing gold and silver when many cryptocurrencies were experiencing 10% increases in a day.

Historians will look back at 2017 as the year that asset prices went utterly insane. Of course, the cryptomarket enjoyed the highest gains compared to most assets, but many stocks hit bubble territory last year as well.

Here is a small list of Big Gaining Assets in 2017:

1. Dow Jones = +26%
2. Nasdaq = +29%
3. Netflix = +55%
4. Amazon = +67%
5. Caterpillar = +73%
6. Bitcoin = +1,500%+

Now, let’s look at the gold and silver price increases in 2017:

1. Silver = +6% ... Read more »