U.S. Per Person Debt Now 35 Percent Higher than that of Greece

U.S. Per Person Debt Now 35 Percent Higher Than That Of Greece

A chart from the Republican side of the Senate Budget Committee shows that “U.S. Per Person Debt is Now 35 Percent Higher than that of Greece.”

“According to estimates from the International Monetary Fund, America’s total government debt will be $16.8 trillion by the end of the calendar year, compared to $441 billion for Greece,” the Republican side of the Senate Budget Committee explains. “On a per person basis, that means U.S. debt is $53,400 for every

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US Economy

U.S. vs China: Superpower Showdown

U.S. vs China: Superpower Showdown

USA-China-Economy-Comparison

These giants boast the world’s largest economies and active militaries, their decisions influencing politics at a global level. Despite a massive trade agreement and many diplomatic meetings, the two nations struggle to maintain the semblance of a civil relationship. As pressure mounts from U.S. leaders, China remains unfazed, cooly growing its military and economy. See how these two titans of industry and power measure up when

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US Economy

24 Facts on Printing Money & The Price of Gold

gold-projections-2012

  1. Worldwide money printing continues unabated
  2. Just In 10 years $120 trillion have been printed making global debt $200 trillion
  3. World GDP has gone from $32 trillion to $70 trillion 2001-2011
  4. Thus $120 trillion debt is required to produce a $38 trillion annual increase in GDP
  5. The marginal return on printed money is negative in real terms
  6. Thus the world is living on an illusion of paper that people believe is money
  7. This illusionary paper wealth will implode in the next few years
  8. The initial trigger will be the collapse of the world’s reserve currency – the US dollar
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Best way to invest in gold, US Economy, Wealth Building Strategies

Is Silver the New Gold? (Infographic)

silver-to-gold

Silver is a limited commodity that’s in short supply…and high demand.

Now with the pace in which silver is climbing in value, investing experts believe that silver’s spot price could outpace the price of gold for the first time in history.

This infographic below illustrates silver’s meteoric rise and the factors that have led to it’s climb in value. Being influenced by

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Gold as an investment, Silver as an investment

Why Silver is Going Up Today?

why is silver prices going up today

Silver Prices Going Up

Why is Silver up today?

There is much more to the rise of silver prices than a QE3 Rally. Living up to its reputation for swings, silver hit a six-month high in September at $35.10. With no time for a pause in monetary actions, the Bank of Japan announced Wednesday that it would expand its stimulus program with 10 trillion yen ($126 billion). Japanese silver investors reacted immediately to this news driving up silver prices by 2.9%.

Do not forget with QE2 in 2011, silver rose to almost

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Best way to invest in silver