1-800-822-8080 Contact Us
Select Page

Miles Franklin sponsored this article by Gary Christenson.

The U.S. National Debt is a “Deep State” induced “train-wreck.” The official debt is over $21 trillion and the unfunded liabilities are an additional $100—$200 trillion, depending on who is counting.

  1. It can never be repaid. Implications are dire. Someday…
  2. Official debt doubles every 8 to 9 years. Does $75-100 trillion of official debt in the 2030s sound viable?
  3. Paul Krugman, Ph.D., believes there is no problem. Many others believe the same nonsense. Consider the source.
  4. Denial is not a winning strategy, but it may prolong the pre-crash period.
  5. The losers in the crash will not be the financial or political elite, military “brass” or the “Deep State.” The losers could be us.

This log-scale graph shows the US official national debt in $ millions—for a century. There are many good reasons to believe this 100 year trend will continue and accelerate. The “Deep State” will ride this “gravy train” [wreck] as long as they can.

Since 1975 the debt has increased about 9% per year. Since 1913 debt has increased about 8.8% per year. It doubles every 8—9 years. Debt increases help create the profits of many influential corporations.

What about population changes? The log-scale graph below shows the official debt per person–the population adjusted national debt.

Debt increased exponentially in both nominal dollars and after adjustment for population growth.

What about bank cartel created monetary inflation when priced in silver?  The graph below shows the population adjusted national debt priced in real money—silver. Debt increased more rapidly than the price of silver.

As the graph shows, population adjusted national debt increased even when measured in silver. This graph used a 5 year moving average to smooth the silver price data.

WHAT ABOUT CRUDE OIL?

The log-scale graph below shows smoothed (10 year moving average) silver and crude prices. Silver and crude prices increased similarly. Prices for both will rise as debt inevitably expands.

Silver prices are too low in 2018 based on their 20 year “megaphone” pattern. Expect much higher prices. Purple lines show long-term cycle lows.

CONSIDER:
  • Both official national debt and population adjusted national debt have increased exponentially for over 100 years. The “Deep State” and the military-industrial-security-complex demand more spending, which creates more debt. They will prevail!
  • A recession/crash (coming) will reduce tax revenues while increasing borrowing and spending. Politicians will “stimulate” the economy with projects, and many will want “helicopter money,” guaranteed incomes, Universal Basic Income (UBI), guaranteed jobs, free college education, free medical care, and more “giveaways.”
  • War cycles suggest increasing warfare in the next five years. Wars are expensive and new wars will be worse. More spending, more debt…
  • Baby boomers are retiring. Government expenditures on their Social Security and Medicare benefits accelerate. More debt, more spending…

The list goes on, but more debt and increased spending are all but guaranteed. If you doubt this conclusion, search for the names of congresspersons that want less spending and will vote against feeding the military, the medical establishment, “Big Ag,” “Big Pharma” and Social Security.

The consequences will be higher prices for what we need and accelerating debt creation into the reset. What happens after a crash or reset is less clear.

Silver prices increase along with debt. Silver prices sit at the low end of their 20 year “megaphone” pattern. Expect much higher silver prices.

The cost of silver production is increasing and the ore quality is declining. Expect rising prices based on limited supply confronting enhanced demand, besides continual dollar devaluations.

The central bankers’ fiat currency Ponzi schemes are unstable. People will soon worry about the intrinsic value of paper currencies and debt instruments. Silver prices will move much higher in the next five years due to heavy investment demand.

ALTERNATE CONSIDERATIONS:

From Paul Krugman, Ph.D. and Nobel Prize Winning Economist: (New York Times essay in 2015)

“… there’s a reasonable argument to be made that part of what ails the world economy right now is that governments aren’t deep enough in debt.”

It’s possible he’s right.

It’s also possible that “deficits don’t matter,” 33,000 “missing” emails concern yoga pants and weddings, the U.S. military buildup in the middle-east is merely for show, massive debt helps the average person, “you can keep your doctor,” Obamacare will save you money, [he] “did not have sexual relations with that woman,” hope and change have been a resounding success, Santa’s elves are making really cool toys for next Christmas, a single F-35 helmet that costs $400,000 is inexpensive, and free medical care, free college tuition, loan forgiveness and the UBI will cost nothing and be revenue neutral. Mr. Krugman might be right and the above are [maybe] possible… 

But if these ideas insult your basic logic and beliefs, consider silver for long-term savings, retirement and insurance, rather than unpayable debt paper, unbacked currencies, and levitated stock and bond markets. Call Miles Franklin at 1-800-822-8080.

Gary Christenson