Author Topic: Its official, National Debt is now $15 Trillion  (Read 28609 times)

0 Members and 1 Guest are viewing this topic.

Offline pandamonium

  • Supporter
  • Trade Count: (0)
  • Hero Member
  • *****
  • Posts: 2684
  • Karma: 52
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

  • Supporter
  • Global Moderator
  • Trade Count: (+19)
  • Hero Member
  • *****
  • Posts: 1916
  • Karma: 141
Re: Its official, National Debt is now $15 Trillion
« Reply #76 on: November 07, 2019, 10:59:18 AM »

Offline Birdman

  • Supporter
  • Global Moderator
  • Trade Count: (+19)
  • Hero Member
  • *****
  • Posts: 1916
  • Karma: 141
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

  • Supporter
  • Global Moderator
  • Trade Count: (+19)
  • Hero Member
  • *****
  • Posts: 1916
  • Karma: 141
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

  • Supporter
  • Trade Count: (+16)
  • Hero Member
  • *****
  • Posts: 1135
  • Karma: 219
  • Gender: Male
    • China Mint Coins, LLC
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

  • Supporter
  • Trade Count: (0)
  • Hero Member
  • *****
  • Posts: 2684
  • Karma: 52
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

  • Trade Count: (+1)
  • Newbie
  • *
  • Posts: 49
  • Karma: 5
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

  • Supporter
  • Trade Count: (0)
  • Hero Member
  • *****
  • Posts: 2684
  • Karma: 52
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.....