When Interest Rates Rise – It’s Game Over

I just looked at the US debt clock. Did you know that the total value of everything that America produces is LESS than the value of the US national debt? Pretty shocking. But, it gets worse. If you look at the US debt clock, you see that our ‘official debt’ is something like $17.5 trillion. THAT part of the debt is covered by the US Treasury Department when they issue bills, notes and bonds. Unfortunately, there’s a TON of future debt rolling down on us. When you’re looking at the US Debt Clock webpage, that debt is at the bottom … Click here to read the rest…

Hyperinflation Begins Next Year

That’s the word from John Williams, of shadowstats.com, when he was interviewed by Greg Hunter’s USAWatchdog.com. Now, he’s not saying that we will suffer immediate, massive inflation next year. But, he is saying that the process will begin sometime next year. After all, hyperinflation is inflation that accelerates, and prime examples of hyperinflation, Weimar Germany and Zimbabwe, show hyperinflation to be essentially logarithmic – starting out slow before blasting skyward. Just take a look at a graph of the price of .35842 grams of gold in Germany, from January 1, 1918. Here’s what that graph looks like: In just five … Click here to read the rest…