national debt

U.S. National Debt: Why It Makes You $57,000 Poorer Than You Already Are

By Monday, July 27, 2015

U.S. National DebtAt the time of writing, the U.S. public debt stands at $18.1 trillion. (Source: U.S. Treasury Direct, last accessed July 22, 2015.) Doing simple math; with a population of 318.9 million, each man, woman, and child in the United States owes roughly $57,000!According to the Congressional Budget Office (CBO), between 2016 and 2025, the U.S. government is expected to incur cumulative budget deficits of $7.2 trillion. (Source: Congressional Budget. Read More

U.S. National Debt to Hit $36.0 Trillion; Congressional Budget Office Confirms?

By Friday, June 26, 2015

National DebtAccording to the Congressional Budget Office (CBO), the U.S. budget deficit will grow from three percent of gross domestic product (GDP) today to six percent of GDP by 2040. (Source: Congressional Budget Office, June 16, 2015.)With the CBO expecting GDP in 2040 to be $31.4 trillion, six percent of that number would equate to a budget deficit of $1.88 trillion!I cut some numbers and did the math. I. Read More

These Three Factors Suggest Gold Will Reach $5,000 by 2020

By Thursday, June 4, 2015

Gold priceGold will go to $5,000 by 2020.This prediction may sound absurd right now, when gold is trading at $1,200, but there are a few factors at play that could send the precious metal prices skyrocketing even before then.The top three factors that have the ability to send gold prices past their all-time highs are as follows:1. Money supply around the globe increasing at a rapid pace2.. Read More

U.S. National Debt to Double; Here’s Why

By Monday, May 11, 2015

U.S. National DebtThe U.S. national debt currently stands at a staggeringly high level. Sadly, it’s only expected to go higher—and at a much quicker rate than the government predicts.U.S. National Debt to Hit $19.0 Trillion This Year? According to the estimates by the Congressional Budget Office (CBO) for the fiscal 2015 year that began in October of 2014, the U.S. government will report a budget deficit of $468 billion. (Source: Congressional. Read More

National Debt Balloon Bearish for U.S. Dollar, Positive for Metals

By Friday, March 27, 2015

National Debt  turning into Debt crisisWith the U.S. government forecast to incur budget deficits year-over-year through to 2025, our rising national debt is turning into a debt crisis that will have long-term negative effects on our economy and currency valuation. In particular, two ticking debt time bombs are lurking nearby.Official National Debt Figures to 2025According to the Congressional Budget Office, the U.S. government is expected to incur budget deficits each year until at. Read More

National Debt Rising 2.3 Times Faster than Budget Deficit?

By Wednesday, October 29, 2014

National Debt Rising 2.3 Times Faster than Budget DeficitFor the U.S. government’s fiscal year ended September 30, 2014, the government registered a budget deficit of $483 billion—the lowest budget deficit since 2007. In fiscal 2013, the budget deficit was $680 billion. In each of the previous four fiscal years, it was more than $1.0 trillion per annum. (Source: U.S. Department of the Treasury, October 15, 2014.)On the surface, this is great news.And logically, one would think,. Read More

Where the U.S. Dollar Is Headed and What It Means to You

By Monday, September 29, 2014

U.S. Dollar Is HeadedFor the U.S. federal government’s fiscal year, which ends this Tuesday, the Congressional Budget Office (CBO) predicts a budget deficit of $506 billion. (Source: Congressional Budget Office web site, September 26, 2014.)But just because our annual deficit is declining, that doesn’t mean our national debt is rising by an equal amount.In fact, between September 20, 2013 and September 20, 2014, the U.S. national debt increased by $1.0 trillion.. Read More

The Sobering Issue

By Friday, July 25, 2014

Why Our National Debt Will Double From HereAccording to the U.S. Congressional Budget Office, next year, the government is expected to incur a budget deficit of $469 billion and then another budget deficit of $536 billion in 2016. (Source: Congressional Budget Office web site, last accessed July 21, 2014.) From there, the budget deficit is expected to increase as far as the projections go.Yes, the government’s own estimates are that our country will run a budget. Read More

Double Bottom in for Gold Prices?

By Tuesday, May 20, 2014

Gold Bullion Fear Index CollapsesWhile the Federal Reserve has cut back on its money printing program, the fact of the matter is that the “official” U.S. national debt is closing in on $18.0 trillion. The unofficial national debt (when obligations like Social Security, Medicare, Medicaid, welfare, and now Obamacare are taken into consideration) is closer to $200 trillion.The Japanese national debt just hit one quadrillion yuan.Many countries in the eurozone are drowning. Read More

Sneaky New Taxes Way Government Debt Will Get Paid Down?

By Thursday, May 15, 2014

Getting Ready Mansion TaxAs it stands, the U.S. national debt has skyrocketed to above $17.4 trillion. With this year’s budget deficit expected to be around $500 billion, we’ll be at a national debt of $18.0 trillion in no time. In fact, a $30.0-trillion national debt is not out of the question by the end of the next decade.Any way you look at these very big numbers, it is the American taxpayer who. Read More

Poll

Will the U.S. dollar rally continue into 2016?

View Results

Loading ... Loading ...
×
From: Michael Lombardi, MBA
Subject: Golden Opportunity for Stock Market Investors

Read this message