Federal Finances | CMI Gold & Silver

A crisis is coming

Listening to analysts and economists who are frequent guests on financial programs, you might conclude that higher interest rates — which the Fed is imposing — will be good for the economy. No, they won’t.

$210 trillion dollars in unfunded liabilities

According to news wire reports, gold’s $20 plus upside move today is part of a rush to safe havens. US Treasuries are up also, which means that yields are down. The blame, again according to reports, lies with the tariffs that Trump laid on Chinese imports. China fired back with tariffs of its own. Will

A dire financial condition

Gold bugs know the dire circumstances of the federal government’s financial condition, but now mainstream columnists and talking heads are throwing out statistics that should cause even the most devoted stock investors to consider buying gold or silver:

Bad for America, good for gold

Rather than endure another government shutdown, in the early hours of February 9, GOP and Dem Swamp Creatures joined hands and laid on the American people a budget-busting two-year agreement that will add $400 billion to the national debt. The deficit is now locked in at $1.2 trillion or 6% of GDP for fiscal year 2019. The

Dollar down, gold up; deficit spending the catalyst

The dollar sank 11.7% over the last twelve months, and gold climbed 10%. The dollar is measured against a basket of non-redeemable paper currencies, the euro (57.6%), the yen (13.6%), pound sterling (11.9%), Canadian dollar (9.1%), Swedish krona (4.2%) and the Swiss franc (3.6%). Only a few decades ago currencies were measured against gold. For

A flawed assumption

All the talk in political and monetary circles is about the GOP efforts at tax reform. At this time, it is not possible to know the final form the bill will take. The Senate has its version, the House has its version. Compromises will have to be made, and there will be some serious horse

Will quantitative tightening tank the stock market?

Debt ceiling fight put off until December

David Stockman, via his Contra Corner, for months has warned that by late September there would be a debt ceiling crisis and that the Treasury would run out of money, causing segments of government to shut down. He further proclaimed that a political storm in Congress would ensue and that the stock market would be

When will this gold/silver bull market be recognized?

I’ve written for some time about a bottom being put in for gold and silver in December 2015. However, the renewed bull market has not been recognized. So, just what will it take for the metals to move up strongly enough so that they will again gain investors’ attention?

$28 million wasted, potentially another $71 million

Is there any wonder our national debt is pushing $20 trillion? An Inspector General’s report just revealed that the Pentagon spent an extra $28 million over the last decade in providing the Afghan Army special uniforms with a “forest color pattern,” instead of camouflage schemes. The pattern was chosen from a website by the Afghan

Category: Federal Finances

A crisis is coming

$210 trillion dollars in unfunded liabilities

A dire financial condition

Bad for America, good for gold

Dollar down, gold up; deficit spending the catalyst

A flawed assumption

Will quantitative tightening tank the stock market?

Debt ceiling fight put off until December

When will this gold/silver bull market be recognized?

$28 million wasted, potentially another $71 million

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