No Way Out
311,927,341 Americans, 138,588,037 working and 64,703,760 retired or disabled, face $14 Trillion in official U.S. debt, $55.6 Trillion in total debt, $112 Trillion in unfunded liabilities, $576 Trillion in unsecured currency and debt derivatives held by a few banks, and a $638 Trillion trade deficit. [Click here to see the U.S. Debt Clock update in real time. You’ll be astounded. And by the way, your family’s share of the $55.6 Trillion is $681,000 and rising.]

No wonder the overstretched dollar fell from $20 an ounce of gold to $1430.60, a -98.6% drop in the value of the dollar.

The above statistics are courtesy of Rick Ackerman.

At $681k/family, it is IMPOSSIBLE for us to grow our way out of this mess. Depression, both economic and mental, are already baked into the cake. No crystal balls are necessary to see the future of both the dollar and gold. One is bright and the other will soon be just a memory.

Got gold?

DT

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This guy is better prepared for what's coming than 99% of all Americans. What's that old saying.... Even a blind hog finds an acorn every once in a while.