Head For the Safety Zone!
Time for Maximum Safety… Gold and Silver!
It’s time to head for the maximum safety zone.
Multi-front wars that can escalate at any second without warning. Energy in the cross hairs. Debt through the roof.
And Treasury Secretary Janet Yellen says America can afford two wars at the same time.
It is time to head for the maximum safety zone. And that means gold and silver.
We remember other geniuses who thought a two-front war was a sure thing. But Yellen must not have noticed that we are drowning in more than $33 trillion in debt (actually $33,629,187,105,622.79 as of October 18.)
Maybe Yellen hasn’t noticed that Uncle Sam is borrowing at the rate of $2 trillion a year, and that the interest cost of all that debt is climbing, and climbing fast. And yet Biden wants another $100 billion for Israel and Ukraine.
Has Ms. Yellen failed to note that US government debt has been downgraded? Or that energy prices are on the line, with threats to producers and transit zones like the Persian Gulf? Perhaps she doesn’t understate that Biden has practically emptied our Strategic Petroleum Reserves.
We wonder if the Secretary is aware that at the beginning of 2022, China helped finance US government borrowing by owning more than a trillion dollars of Treasury securities (she is after all Treasury secretary – she should know). Yet now, at a time when the US needs to borrow more than ever, China’s holdings have dropped to $822 billion.
Biden and Yellen and the other Washington geniuses have us one miscalculation away from a calamity.
Already more and more people are trying to live on their credit cards. Almost a quarter of Americans report that they slip deeper into credit card debt every month. Did anyone mention that to Janet “Two Front War” Yellen? As for the global picture, the world is drowning in more than $300 trillion in debt. When debt is greater than what production can repay, an avalanche starts. Certainly, Biden has never thought for a moment about such things, and maybe Yellen hasn’t either.
And that is why we say now is the time to head for the gold and silver zone of maximum safety! Now, not tomorrow or next month!
Speak with a Republic Monetary Exchange gold and silver professional today. Come in to visit or call us at 602-633-8315. We are available Monday-Friday 9-5 MST.