Deadbeat Nation: 37 Million Credit Card Accounts In The U.S. Are “Seriously Delinquent” Right Now
Is the consumer debt bubble finally starting to burst? Is the consumer debt bubble finally starting to burst? If the latest numbers on delinquent credit card accounts are any indication, that appears to be precisely what is happening. As I noted the other day, Americans currently have 480 million credit cards, and they are carrying 870 billion dollars worth of balances on those cards… (Continue to full article)
Gold Still on a Long Term Track to Reach $2,000 An Ounce
Why gold is down for the month, but still on a long-term track to reach $2,000 an ounce “A $22 trillion national debt and the lack of any will to rein in massive spending is making America’s creditors nervous and…the ‘risk free’ status of U.S… (Continue to full article)
We’re Living In ‘The Groundhog Show‘
It’s said that truth mirrors fiction. I’m finding this to be the case more and more these days. Take the 1993 comedy Groundhog Day. Bill Murray wakes up each day to relieve the exact same daily circumstances and interpersonal interactions. He relives the same day, February 2, over and over again. No matter what he does, the repetitive cycle won’t break. He goes to sleep, wakes up to his alarm, and it’s the morning of Feb 2 again. Likewise… (Continue to full article)
Yeah Baby, Over an hour of some Mellow Blues…
The Best Time In History To Buy GOLD
Why it’s time to get into gold– We’re on the cusp of “huge changes in the world”– “Massive impact on the price of the most enduring investment in history: GOLD”– “A gold shock is coming” and “$10k gold is not out of the question”… (Continue to full article)
U.S. Job Cut Announcements Rise 117 Percent To The Highest Level That We Have Seen In More Than 3 Years
We have not seen anything like this since the last recession. Layoff announcements are coming fast and furious now, and the speed at which workers are being laid off is shocking a lot of people. In this day and age, big companies have absolutely no loyalty to their workers. The moment it becomes financially advantageous for them to start laying off employees, most of them will do it in a heartbeat… (Continue to full article)
Our new program, Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.
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