$746.5 billion (2008 est.) U.S. $1.277 trillion (2008 est.)
$2.132 trillion (30 June 2009) U.S. over $15 trillion (30 June 2009)
While the U.S. has it’s problems with debt, being a net exporter, high unemployment and the like, Japan, with its ever decreasing population and increasing older population is in deep trouble.
Their government solution has been adding more debt to debt to try and stimulate the economy. The same goes for the Eurozone and the U.S. leaders. This is a recipe for disaster no matter what currency one is invested in, but while the U.S. Dollar is in the muddle through stage, profit can be had investing in gold with the EURO and the YEN.
Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.
All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.