Uncle Sam Issuing $300 Billion In New Debt This Week

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

US needs to borrow almost $300 billion this week alone
– This is the largest debt issuance since 2008 financial crisis
– Trump threatens trade war with its biggest creditor – China
– Bond auctions have seen weak demand due to large supply and trade war concerns
– $20 trillion mark reached in early September 2017; $1 trillion added in just 6 months
– US total national debt level now exceeds $21.05 trillion and is accelerating higher
– U.S. debt and dollar crisis coming which will propel gold higher (see chart)

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Chaos is the Only Way Out

By Michael Pento – Re-Blogged From Pento Portfolio Strategies

The prevailing fiction pervading Wall Street right now is that economic growth is picking up in a sustainable fashion and that interest rates will merely rise slowly. Then, soon level off at historically low levels. In other words, they are selling a fairytale; and a dangerous one at that.

This premise is blatantly false. The Fed’s reverse QE program, Government debt levels and Nominal Gross Domestic Product, all dictate that the 10-year Note Yield should be now swiftly on its way to at least 4.5%, from the artificial level of 1.4% found in July of 2016.

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Deflation Of An Everything Bubble

By Graham Summers – Re-Blogged From http://www.Gold-Eagle.com

The big questions being tossed around Wall Street today are: why are markets such a mess? Why are we getting these wild swings?

The reality is that the markets are NOT a mess. These are actually normal healthy markets. Healthy markets move, sometimes a lot in a small span of time.

The real issue is that from ’09 until recently, the market was completely artificial because Central Banks cornered ALL risk by cornering the sovereign bond market.

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Will Inflation Burst The Everything Bubble?

By Graham Summers – Re-Blogged From http://www.Silver-Phoenix500.com

The economic data is now beginning to reveal what the bond market has been screaming for weeks: namely that INFLATION. HAS. ARRIVED.

In the last 24 hours we’ve seen:

Core inflation rose 2.2% year over year for the month of February.

Media one-year inflation expectations rose to 2.83% from 2.71%

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All Fed up on Peak Debt

By David Haggith – Re-Blogged From The Great Recession Blog

How inflated with debt have we become? How long can we float on our own bloat? Reasonably trim in 1970, the sum of all debt publicly financed by the US government was $275 billion. Last week, the government sought to raise $258 billion in just one week! The weekly financing to keep the government afloat is now about equal to all the debt it amassed over the course of its first 188 years.

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Currencies Will Be ‘Flushed Down The Toilet’

By Mike Gleason – Re-Blogged From http://www.Gold-Eagle.com

Mike Gleason: It is my privilege now to welcome back Michael Pento, president and founder of Pento Portfolio Strategies, and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.

Michael is a well-known money manager and a fantastic market commentator, and over the past few years has been a wonderful guest and one of our favorite interviews here on the Money Metals Podcast and we always enjoy getting his Austrian economist viewpoint.

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The Dumb Money is Helping the Smart Money Exit the Stock Market

By David Haggith – Re-Blogged From The Great Recession Blog

Bloomberg this week ran a story telling us how the smart money gets out of the stock market when it hits its all-time peak and how the dumb money helps the smart money out. Only they didn’t know that was what they were writing. It typically happens this way:

At the end of a deliriously euphoric market rally when the market is preparing to crash, all the Joe Six-packs, mom and pop and the family dog open trading accounts and try to chase the tail of market action. Many throw in their entire retirement funds, pawn the dog’s collar and take out loans on credit cards to buy in as much as they can. By buying in late, they help provide a smooth exit for the smart money. At least for some of it. It is the little guys, tough from hard labor, whose muscles are employed to push the money bags of the rich to the top of the mountain from which the little guys are allowed to jump off.

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