Tag Archives: Trillion

Banks are Bigger than you Think, and That’s NOT a Good Thing

TweetThe vice chairman of the U.S. Federal Deposit Insurance Corporation, Thomas Hoenig, reported in a mid-February interview that “U.S. banks are twice as big as they admit to being!” This image was so stark that the Bloomberg News reporter who … Continue reading

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The National Debt – Who Do We Owe?

TweetEveryone knows our national debt is an unavoidable problem at this time. But did you ever take a close look at who America owes and how much?  Let’s do the math: Hong Kong: $121.9 billion (0.9 percent) Caribbean banking centers: … Continue reading

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Some Jawdropping Facts About Our Gov’t and Why You Need to Buy Gold Today

One thing from last night’s State of the Union address is very clear, Obama is not serious about cutting spending and nobody in Washington has any expectation of the U.S. ever returning to a balanced budget. We could easily see $5,000 per ounce gold and $500 per ounce silver, and everybody will regret not loading up as much as possible at these levels we see today. Continue reading

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