Monday, October 24th, 2016 MST

Category: Silver

Still another debt problem

The official federal government debt now stands just a tad over $19.5 trillion.  Yet few talk about it, and even fewer are concerned. Off-balance sheet liabilities (commitments that have been made but funds not set aside for) are some where north of $100 trillion dollars.  Rarely talked about.

Silver takes first prize . . .

as precious metals surge, says the Financial Times, July 7, 2016. In a glowing report, the Times noted that while “Gold has done predictably well in the wake of Brexit. . . The real star of the show has been silver.”  In dollars, silver is up 16% since the Brexit vote but is up 45%

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