GOLD and SILVER: Can Debt Build Unending National Wealth? Part One:
Gold: $ 1502.60 Silver: $ 17.06 Platinum: $ 858.00 Palladium: $ 1488.00
Dateline: Monday, August 19, 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 began a discussion about, ‘Get Out of Debt Now’! And as you go…accumulate gold and silver as a physical possession.
In our last session, FNB provided a quick review of: “How to Build a Strong Financial Plan Using Gold and Silver.”
In this session, FNB starts a five-part series that asks the question: “Can a dependence upon debt build unending national wealth?”
DEBT as SOURCE of ALL WEALTH :
In the next five sessions, FNB is going to look hard at the matter of national debt. The perspective FNB is going to peer into is: debt as wealth accelerator and debt as wealth source.
Debt as wealth accelerator. Can a nation build an economic model for long-term prosperity upon a system that uses debt as the national economic fuel?
Can a nation forge a long-term plan for prosperity and economic security for its citizens using debt as the leverage and fulcrum?
Can a nation lend itself into prosperity?
The United States of America, as well as virtually every other developed and developing nation uses debt as its primary tool.
The Federal Reserve System is based upon the daily and ongoing issuance of ‘reserve notes’. These ‘reserve notes’ are no more than keystrokes hammered out on spreadsheets. And yet, these ‘reserve notes’ that in-debt the citizens of the nation to The Federal Reserve Board are the very foundation of our entire monetary system.
The United States of America now finds itself and has pledged the repayment of over $ 22 Trillion US dollars to a group of individuals that are in-fact a secret society of sorts.
The United States of America has based its entire fortune…and the fortunes of its people on the premise that: debt can and does build national wealth.
Debt as wealth source. Is debt a source of wealth? Is debt a source of economic stability? Does the overhang of $ 22 + Trillion USD matter? Do the debtors demand repayment?
Can there be other sources of wealth other than debt? Can competitive options and alternative strategies be considered and then implemented that perhaps rise out of equity-based vs. debt-based prosperity?
In our next few sessions, FNB will examine this question in solid detail. Stay tuned…
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:
www.firstnationalbullion.com
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.
Jon Cavuoto,
Founder and Owner,
First National Bullion
For direct consultation with a gold and silver expert contact FNB:
inquiry@fnbcoin.com
1-800-745-7979