Author Topic: Its official, National Debt is now $15 Trillion  (Read 29493 times)

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Offline pandamonium

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Re: Its official, National Debt is now $15 Trillion
« Reply #75 on: March 20, 2018, 07:26:44 AM »
No one knows the time frame.   We are all going to see how it plays out......

Offline Birdman

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Re: Its official, National Debt is now $15 Trillion
« Reply #76 on: November 07, 2019, 10:59:18 AM »

Offline Birdman

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Re: Its official, National Debt is now $15 Trillion
« Reply #77 on: May 06, 2020, 07:35:55 PM »
Breathtaking rise continues.  https://www.usdebtclock.org/

Offline Birdman

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Re: Its official, National Debt is now $15 Trillion
« Reply #78 on: June 11, 2020, 01:29:15 PM »
Another month, another trillion.  Gold feels pretty good right about now.

https://www.usdebtclock.org/

Offline KeyDate1/2ozPandas

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Re: Its official, National Debt is now $15 Trillion
« Reply #79 on: June 11, 2020, 04:19:52 PM »
Bigger is better if you can get to negative interest rates.  Imagine people paying the government for the right to own a US bond.  A two-year COVID cycle could easily take us to 50 trillion and gold could be an easy _ _ _ _ _ _ from here.  I will let Pandamonium fill in the blank.

I sold all my bullion over the last three years, but now with gold at $1700 I am buying common eagles, panda, maples, and  Singapore as low-risk physical bullion play. I suspect when gold breaks $2000 there will be huge shortage of physical coins and spread for bullion will spike.  The other nice thing about bullion is you can buy and sell it very efficiently with small bid-ask spread if you need money fast. 

Offline pandamonium

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Re: Its official, National Debt is now $15 Trillion
« Reply #80 on: June 11, 2020, 06:03:55 PM »
With all the $ trillions being printed, it will soon take a wheelbarrow full of USD to buy a loaf of bread.       To the moon for gold and another good reason to own small gold pandas.     Sadly, Chinese money could be the next real money..

Of course a fellow could sell his bullion and Chinese then start a business in Seattle, possibly the Capitol Hill area?.....

Another seller on ebay w/ about 1/2 dozen Chinese removed his listings due to higher prices and low inventory.    Will relist sometime in the future....

Offline jedi2832

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Re: Its official, National Debt is now $15 Trillion
« Reply #81 on: August 09, 2020, 09:24:07 PM »
only going to go up

Offline pandamonium

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Re: Its official, National Debt is now $15 Trillion
« Reply #82 on: August 09, 2020, 10:51:22 PM »
USA Watchdog  "America will not be destroyed" by Bo Polny   

Kitco   "Gold is starting to take the place of big tech"  by Mohamed El-Erian

What happens when gold/silver out perform stocks?    Stocks drop as expected and gold/silver race up.    Deep pocket investors will take note.    The future demand will be huge but supply is almost gone today.....

Offline Birdman

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Re: Its official, National Debt is now $27 Trillion
« Reply #83 on: October 09, 2020, 11:27:55 AM »
An update for the historical record...

Offline pandamonium

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Re: Its official, National Debt is now $15 Trillion
« Reply #84 on: October 09, 2020, 12:12:47 PM »
Can someone look into this?   This should be interesting.     Is supply that low?    How will the market react?.....

Silver Doctors "Breaking; The US mint is hiking silver prices, will charge $67 for each 1 ounce uncirculated American silver eagle coin in just 5 days"....



Samples on ebay, this seller has many...
2011 Year of rabbit SAMPLE  -bid-     Ebay 284033855943...

Offline pandamonium

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Re: Its official, National Debt is now $15 Trillion
« Reply #85 on: October 09, 2020, 12:42:04 PM »
The article and another party says they are numismatics.     A box and COA is numismatics?      Can someone contact the US Mint?.....

Offline pandaccumulator

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Re: Its official, National Debt is now $15 Trillion
« Reply #86 on: October 09, 2020, 05:05:52 PM »
An update for the historical record...
Wow, 4 Trillion was added in less than one year, I wonder how much longer it may take to reach to 30 trillion?     

Offline pandamonium

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Re: Its official, National Debt is now $15 Trillion
« Reply #87 on: October 15, 2020, 02:24:29 PM »
US Mint emailed me back w/ prices.   I sent out the link to a few members for their opinions...

Spot silver today  $24.20        Spot gold $1,906

US Mint silver 1 oz  West Point $67      San Francisco  $73           Not proof, UNC w/ box/coa

US Mint gold 1 oz     $2,575

Do dealers get Monster boxes, tubes for 1/2 this price?......

Offline pandamonium

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Re: Its official, National Debt is now $15 Trillion
« Reply #88 on: October 15, 2020, 05:33:27 PM »
Looked at US Mint link again, SOLD OUT all 1 oz Eagles, that was quick...

San Francisco proof silver  $73
Limited West Point proof silver  $73

Limited West Point gold   $2540
Limited proof West Point gold  $2,575

Spot right now is about $1,909 gold & about $24.30 silver

Sold out Gold Eagles are about $630 & about $665 over spot.
Sold out Silver Eagles are about $49 over spot.

Must be out of supply.....

Offline KeyDate1/2ozPandas

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Re: Its official, National Debt is now $15 Trillion
« Reply #89 on: October 16, 2020, 12:20:07 AM »
I can't believe they sold out of 1oz palladium coin at $3100 with 10,000 mintage.  There is unbelievable demand for metals.  People need a safe place to park their money, stocks seem too high, real estate is tied to economy, taxes may spike if biden wins, china is doing military exercise to scrace US from doing business in Tawain and add pandemic to top it all off.  It is no wonder no one wants to sell and everyone wants to buy.