Buckle Up for Severe Challenges....Gold, Silver, Recession, Inflation

Sohail Sultan's Podcast

when we move into these coming months and quarters it's going to be very interesting it's important that you protect yourself that you protect your family there's a lot of different things you can do one of which is maybe hold some physical silver or gold the financial condition of our country is so screwed up right now you may own some silver you may own some today gold you may be thinking was that a smart move or not a smart move let's just take a look at one big key thing going on right now that will lend huge huge support to the price of silver and gold let's just look out over let's say the next six months to one year the U.S government are esteemed leaders in Washington D.C they just increase the debt limit increase the debt ceiling we were supposed to celebrate this right because the mainstream media had us all worked up in a frenzy it was going to be a catastrophe it was going to be horrific economic situations if we didn't raise the debt ceiling and like we've talked about before the real catastrophe the real thing that we need to look at and talk about regarding this is the fact that we have so much debt that we even have to raise the debt ceiling we should have had a gasp of horror instead of this idea that we should be relieved because the debt ceiling was increased it'd be like you being in serious debt trouble in celebrating because you got a new credit card offer in the mail for another two thousand dollars to dig yourself into an even deeper hole but that's not the point of this video the point of this video is to talk about silver and gold and a major source of support that we're going to see in the coming months quarters and probably through the rest of the year because we are sailing into some rough rough Waters the U.S government our good friend Janet Yellen right has drained the U.S government's coffers of any money that's why they had to raise the debt ceiling the U.S government's broke right now this is early June when I'm recording this you can come back and watch this video in three or four months and say you know what Ron from the basement was right about what he said would be happening our government needs to raise huge amounts of money I'm hearing figures like one and a half trillion dollars alone that they're going to need to raise in the coming few months because they need to get a bunch of money back into the government now think about this how do they do that they sell bonds ends right they sell treasuries whatever you want to call them they sell debt and when they do that they're sucking money out of the U.S economy but the thing is nobody really wants to buy the U.S debt especially foreigners and in particular U.S citizens although they have been stepping up to the plate but will it be enough probably not so here's what will happen to make the debt more attractive the interest rates will go higher when there's not buyers the values of the bonds themselves go down that makes the return the interest rates go up but think about this big key point if the value of bonds goes down even further that will cause even more stress on...