Both the OMB and CBO project increasing deficits over the next 10 years- accelerating higher every year.
The debt will rise to $30T or higher. This is the optimistic projection if everything goes well.
They project a GDP of less than 2.7% maximum in any year and close to 0%- this is too optimistic
They project inflation to stay at 2% every year- they must have penciled that in or used a dart board.
Check for yourself.
Some rough times lie ahead.
The U.S. solar market is set to grow a staggering 119 percent this year says GTM Research in its latest U.S. Solar Market Insight Report 2015 Year in Review, published in conjunction with the Solar Energy Industries Association (SEIA).
There is a fundamental shift for the demand of silver.
Very bullish for silver.
Few people understand how the COT works.
A 1-2% GDP is not the means to address $19.4 trillion in debt.
The entirety of GDP growth is debt driven.
Arguably, because of the debt problem, we are in bad shape.
You cannot exit a debt problem without calamity.
We are in the worst shape possible.
It's growing worse.
Record commercial short positions preceded prior rallies.
Extreme short positions by commercials are extremely bullish despite what you and matx believe.
When commercials are all-in short, there is only 1 direction silver can go.
The leverage of hedge funds overpower what commercials can do at this point.
This is a good and objective observation. The billionaires play it safe and hawk their products and there are too many amateur pumpers that are distractions from objective posting. I can see that less than 10% of people have a chance of being objective, which follows the statistic that 95% of the population is in denial. There is also a herd mentality of acting too late. The good news is that the fundamentals and technical factors are favorable for silver. It is human nature to pump an agenda. The greater the volume of posting the greater the agenda a person has.
Banks will profit from any move in silver up or down. They own physical, they own the warehouses, they hold SLV. Follow the smart money or stay 1 step ahead of it.
Anyone who forecasts a price in a time frame is a fool.
New is hardly better anymore.
Hope they keep the old format.
The longer the period of time to avoid addressing it, the greater the catastrophe.
With a capital T. :-)
Do you know how long it takes for the government to spend 1 years worth of production of silver?
They could buy 200 years worth of silver in a day.
Soon, it will be 6 minutes.
I see TROUBLE ahead.