The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label debt clock. Show all posts
Showing posts with label debt clock. Show all posts

Monday, June 13, 2016

Adjusted for inflation, the real value of gold against the dollar should be over $7300 per ounce

When the Federal Reserve took over control of the U.S. monetary system in 1913, the price of gold in relation to dollars was $20.42.  But over the past 103 years, that central bank has devalued the currency by more than 98%, eroding the purchasing power of the dollar through inflation for the products and services we buy

Yet it is interesting that while price inflation has occurred on a relatively equal basis for most items in the economy, and for the commodities and resources that businesses consume, gold has not risen in equal proportion with everything else.

The Debt Clock is an algorithm that approximates the second by second increase in America's national debt, as well as several other monetary factors that are tied to our dollar system.  One of these elements is the estimated real value of gold, which in relation to dollar devaluation over the past 100 years, should be over $7300 per ounce when adjusted for inflation.


In the lower right hand corner is the algorithm that estimates the value of gold, and the relation between the true gold price and the dollar.


And while none of these numbers are actually official, they provide a very good barometer for the erosion of the dollar as a medium of exchange for goods and services, and what the value of gold should be if it had been left to rise in price on the open market without government, central bank, and market intervention.

Wednesday, November 16, 2011

US Debt Clock just hours from crossing $15 trillion

The unofficial US Debt Clock is less than a minute to midnight, as within hours the nation could be in debt over $15 trillion dollars to the lenders of any resort (China, Japan, Fed).

http://www.usdebtclock.org/

As of 2:07pm MST, the national debt sits at 14,999,935,894,999.  At this rate, it could be less than 50 minutes until we cross the Rubicon.

Monday, October 17, 2011

Global Debt Clock: 43 Trillion and counting

Many Americans have seen the websites that contain the National Debt Clock, and the US's over $14 trillion in debt.  Now we can add a new debt clock to the mix, only this one is a complete global debt clock, with a price tag of over $43 Trillion and growing.

Courtesy of the Economist

In 2009, the global GDP was $58.26 Trillion dollars.  So with the current global debt at $43 Trillion, the debt is now 74% of total GDP.

For countries like the US, their debt is 98-100% of GDP, making them insolvent.  At the going rate of debt rising internationally, the entire world will be insolvent within 3-5 years.

Is it any wonder we are seeing an Arab Spring, riots in Europe, and Occupy Wall Street?