The U.S. government has sold $682.9 million in “Bunker Buster” bombs to an ISIS supplier in Turkey. Bids were solicited via the Internet. To summarize what is happening, U.S. corporations are making a profit selling weapons to Turkey; so that, they can use them against Kurdish opponents of Turkey’s “president for life” Erdogan.
It’s Time to Buy Gold
According to officials at Deutsche Bank, gold is still expensive, but rising economic risks and market turmoil means investors should buy gold for insurance. Wait! You mean a central bank is recommending buying a barbarous relic? Another consequence of cutting interest rates into negative territory.
Here are some items from the 2015 audited financial statements released by the U.S. Treasury…
1. The U.S. government had $3.2 trillion in total assets.
2. 37% of the government’s total reported assets are…
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