The Case for Precious Metals — U.S. Money Reserve
“National security experts have long warned us that our massive debt is one of our biggest national security threats. With U.S. debt recently surpassing $22 trillion, soon we will spend more paying down interest on our debt than on national defense. Congressman Daniel Webster of Florida “At a staggering $22 trillion, the national debt is suffocating Americans. While we can’t undo our past, we can work toward a better future, especially for the millions of young Americans who will bear the burden of this growing debt in their sunset years.” Congressman Troy
“America has a spending problem, not a revenue problem. While the United States is producing record federal revenue, Congress has failed to pass balanced budgets. If we do not change our course, we will be responsible for one of the wors catastrophes this nation has ever experienced: the crash of the American economy and the demise of a superpower. “ Congressman Andy Biggs of Arizona
U.S. n ational debt is now $5.3 trillion higher than it was back in 2013 when the gold bulls were last running loose on Wall Street. At more than $22 trillion, our sovereign debt is not only the highest in history, but it has also surged well past our gross domestic product.
“I’ve watched gold for a long time. I remember when gold was $230.00 per oz…now look at it.”
Originally published at https://www.usmoneyreserve.com on June 27, 2019.