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MUST SEE CHARTS: The U.S. Govt. Financial Disaster vs. Gold & Silver

Friday, September 30, 2016 15:18
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(Before It's News) / by SRSrocco / September 30, 2016

The financial disaster taking place at the U.S. Government costs one heck of a lot of gold and silver.  I doubt many precious metals investors understand the tremendous amount of gold and silver it takes to service the U.S. debt or supplement the massive budget deficits.

I was actually quite surprised by the results when I compared the calculations.  In 2015, the U.S. Federal Government paid $402 billion just to service the interest on its debt.  This figure can be found at  According to the Federal Reserve Q1 2016 Statistical Release, the U.S. Federal Government spent a total of $4.02 trillion in 2015.  Thus, the interest on U.S. debt consumed 10% of the total budget.


The post MUST SEE CHARTS: The U.S. Govt. Financial Disaster vs. Gold & Silver appeared first on Silver For The People.

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