ainslie logo
Gold
Silver
Platinum
Rare
Charts
ainslie facebook ainslie instagram ainslie google ainslie linkedin ainslie twitter ainslie youtube
  • Home
  • Gold Price
  • Silver Price
  • Selling Gold & Silver
  • Secure Storage
    • Storage Options
    • Ainslie Storage Account
    • Reserve Vault
  • SMSF
  • FAQ
    • About Us
    • General FAQ
    • How to Buy Bullion
    • First Time Buyers
    • Delivering Your Bullion
    • Bullion Security
    • Comparing Investments
    • The History of Gold
    • The History of Silver
    • Why Buy Bullion
    • Why Buy Silver
    • Different Types of Bullion
    • Historic Pricelists
    • Silver Stackers
    • ID Verification
  • News
  • Contact
SHOP
Shop Now
0

Wow - More exciting news out of the US yesterday

Posted | 17/05/2013 / Views | 1691
Back to News
Next Article

More exciting news out of the US yesterday with a lower than expected deficit for FY13 looking likely.  For the first time in 5 years it might be less than $1trillion! (there hasn’t been a surplus since 1969).  Of course the deficit doesn’t account for the $1.02 trillion of money printed in the same year to help achieve it.  It also doesn’t account for the unreported accrual of the $124 trillion in unfunded liabilities (Social Security & Medicare and about $7 trillion to this year alone).  One must seriously question the validity or at least sustainability of this “US Recovery” and its effect on gold & silver prices..

Subscribe to Our Newsletter

Daily or weekly emails with gold and silver price, bullion news and important economic events from around the world.

Daily or weekly news on everything gold, silver and crypto.

Recent Articles

Dalio’s 6pt “Bubble Indicator” at Extreme
Posted | 24-Feb-2021 / Views | 802
Another day another Wall St heavyweight warning of the ‘everything bubble’ looking extreme.  The head o... Read More...
Is Bitcoin A Bubble?
Posted | 23-Feb-2021 / Views | 888
Yesterday BTC and ETH had short sharp corrections and bounced back.  Topically last night our favourite macro inves... Read More...
Why Rising Rates are the Pin for this Bubble
Posted | 22-Feb-2021 / Views | 951
In a bubble looking for a pin, maybe the biggest threat (pin) developing is the rise in yields or interest rates as we d... Read More...
Buy Gold Buy Silver Gold and Silver Price Ainslie ID Verification Ainslie Storage Form Terms of Trade Privacy Policy Website Terms

Ainslie Bullion
Level 6, 12 Creek St Brisbane Q 4000
Toll Free 1800 819 474 / [email protected]
O/S Phone +61 7 3221 0500 Fax 07 3229 1895

Gold Standard, By Ainslie     Ainslie Wealth, Cryptocurrency      Ainslie, a Perth Mint Distributer         Reserve Vault