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The US Trade Deficit Is A Problem

Trade Deficit
 
The US trade deficit has risen to over $73 Billion since the US abandoned the Gold Standard in 1971 - until then the value of the money was backed by the validity of gold.

After the US went off the Gold Standard, whenever the US budget had a shortfall, the Fed has just printed more and more currency to pay our debtors - principally, China.

Now the trade deficit is the highest it has been for 14 years according to the US Census Bureau and the US Bureau of Economic Analysis. (Source)

So what is the government going to do to offset this trade deficit? What it always does - print more money! So every dollar in your pocket becomes worth less and less - and buys less and less. This is inflation at work ...

The only way you, as a small investor, can protect yourself and your family is by putting a chunk of your savings into silver or gold - preferably both - to diversify
Note From The Author Of This Website:

My research on the National Debt, GPD and The Trade Deficit has been a real eye opener. There are those individuals who claim that the cost of the national debt is low and is NOT a threat to the US Economy or Dollar. I think those people have an agenda that is not in the interest of the average American.

I trust Elon Musk's opinion far more than I do those people. The debt is increasing at such a pace that in another 10 years the interest payment could consume 75% of taxable income.

Beyond Scary.
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