Buy GOLD and SILVER: Massive Government Debt Piling Up: Part Six:
Dateline: Del Mar, CA: Thursday, October 10, 2019
FNB is a precious metals industry leader. Each weekday, we post information and financial facts (and opinions!) that relate directly to the financial markets and also that have direct impact upon the daily lives of investors.
In our last session, FNB continued our public debt series. We discussed and turned our attention to the mounting, ever-escalating mountains of government debt. Government debt that piles up, layer upon layer in most of our cities, townships, states and of course federal government.
FNB took a close look at the city of Chicago and its seemingly insurmountable public indebtedness. FNB offered some strong suggestions on what types of immediate reforms that any city swimming in public debt might pursue to alleviate some of their fiscal woes.
In this session, FNB takes a high-level look at the individual American states that are dripping with red ink.
The Saddest and Most INDEBTED STATES of AMERICA:
FNB is focusing our attention on the ever-expanding and never-seeming to retreat, let alone improve debt structure of cities, states and federal government. What we are learning is that the United States of America is in reality, the United Indebted States of America.
Here are some staggering debt burdens for the top five ‘bad actor’–state offenders:
California: tops the list with a whopping $ 612 BILLION in public debt
New York: comes in a close second with $ 305 BILLION in public debt
Texas: fighting hard to keep their place @ $ 282 BILLION in public debt
New Jersey: working hard to climb the ladder @ $ 280 BILLION in public debt
Illinois: straggling along @ a wimpy $ 270 BILLION in public debt
In our next session, FNB will begin to open up the realities that lurk behind these mountains of growing public debt.
FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coins, bars and bullion holdings. FNB invites all to visit our website:
FNB invites all that live in or near our three physical locations in San Diego, Del Mar and Scottsdale to stop in and visit and meet one-on-one with our Team of precious metals experts.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.
FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.
Founder and Owner,
First National Bullion
For direct consultation with a gold and silver expert contact FNB: