Dateline: Del Mar, CA: Thursday, May 02, 2019
FIRST NATIONAL BULLION is a precious metals industry leader. Each weekday, we post information and facts that directly relate to the financial markets. Information and financial facts that directly impact the daily lives of investors.
FNB now addresses: The Weight and Constriction of Federal Debt:
Facts. Facts are stubborn things. That’s one of my favorite quips and it certainly holds true when you begin to plow into the arena of thought and mystery that shrouds and surrounds and keeps The Federal Reserve Board and its behaviors and actions in this foggy land that hinders true and accurate scrutiny.
Facts: Let’s Look at Some Facts Regarding the Last 116 Years:
The Federal Reserve Board has and maintains complete control over fiscal policies of the United States Government
The Federal Reserve Board operates with complete autonomy
The Federal Reserve Board is not an agency of the United States Government
The Federal Reserve Board Prints Currency based upon its determinations of how levels of liquidity impact and affect its holdings, irrespective of how these practices might impact The United States Government
The Federal Reserve Board was established in 1913 by an Act of Congress
The Federal Reserve Board and its fiat or fractional banking system is based entirely upon the issuance of debt instruments and then creating and sending obligations to pay to The United States Treasury
When you get your mind around these facts, you begin to wonder, what in the world a 116 year, perennial and seemingly evergreen ‘debt’, and ‘indebtedness’ for the United States of America really means.
Approaching $ 400 Billion Annually:
So, I wondered, ‘how much does the United States of America pay in debt payments annually to The FED’? The answer astonished me.
According to the CBO (Congressional Budget Office):
“The Congressional Budget Office (CBO) projects that interest payments will continue to grow rapidly, rising from $389 billion in fiscal year 2019 (the current fiscal year) to$914 billion in 2028. Overall, net interest costs will total nearly $7 trillion over the next decade.”
In our next session, FNB will outline in strong detail just ‘how much’ the US National Debt is costing and will cost the citizens.
FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coin, bar 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 Nation Bullion
For direct consultation with a gold and silver expert contact FNB: