Debt Increasing

$36.58 trillion debt. 

Labour Force Participation Vs. Debt

Less working people equals higher debt.

Debt Vs. Yield

High debt is low yield.

Tax Rate Vs. Debt to GDP

Tax rates are correlated to debt to GDP.

 

Debt ceiling to push gold higher

The debt ceiling will be raised in July, pushing gold higher.

Margin Debt Vs. SP500

 Margin debt is pretty low. Chance of a crash is low.

Foreign Holdings of Debt Vs. Bond Yields

When foreigners sell treasuries, bond yields go up. 

Margin Accounts Deleveraging

Margin debt is declining and will continue to hit the stock market (especially Cathie Wood stocks).

Margin Accounts Vs. Stocks

The amount of money in margin accounts is a leading indicator for the stock market as we are living in a credit based economy. 

Debt to GDP Vs. Gold Price

The gold price is correlated to debt to GDP.

 

Deficits Vs. gold.

U.S. Debt Limit

Yellen has no money left as the debt limit prevents her to borrow more money.

 

Italian Central Bank Buys All Italian Bonds

Pure debt monetization.

Americans are drowning in debt

Debt per American has never been this high. 

Global Negative Yielding Debt

Global negative yielding debt hits record high. Should be positive for gold.

 

Non-financial debt is soaring

 

U.S. Debt to GDP is Exploding

U.S. total debt to GDP has reached an all time high of 420%. As debt increases and GDP decreases, it becomes more and more important to own precious metals.

Why The Fed Can't Avert A Stock Market Crash

Earnings are key. If you don't have earnings, you will go bankrupt, no matter how much money you borrow from the Fed. The only solution? The Fed should buy stocks.

We are clearly overvalued at this time with stock valuation to underlying assets levels of 2.

P/E ratios are now higher than before the stock market crash. That's because there are no earnings.

And it's not getting better.

The consequence is that all of this printed money will not be going into overvalued capital goods (stocks), but instead they will go into consumer goods (gold, food, oil, airplane tickets, ...)

However, the U.S. government has one last card left: 1.3 trillion dollars in cash.

Another $3 Trillion in Spending

There is no end to spending. Debt, money supply and balance sheet expansion will continue.

 

Deficits are going to get worse.

U.S. Debt hits 25 trillion or 120% debt to GDP

Congratulations USA!

Go on and add more debt!