The Austin Report

News & Opinions About Gold & Silver

June 06, 2023

U.S. Debt Bomb

Bond King Says Bonds Are Trash

Bond King Says Bonds Are Trash

U.S. Debt Bomb
Bonds are a ticking time bomb— and an expert confirms our worse fears. Bill Gross is the man formerely known as the “Bond King.” Today, Gross is warning that the Federal Reserve’s upcoming taper of bond buying will cause the benchmark…
Can an Economy Fueled by Massive Debt Survive?

Can an Economy Fueled by Massive Debt Survive?

U.S. Debt Bomb
It’s long been a question in our minds as to how America can survive long-term when the entire financial system is driven by debt. After the Federal Reserve’s creation of $5 Trillion new dollars were injected into the pandemic starved,…
Come to America- Free Hotel Rooms!

Come to America- Free Hotel Rooms!

U.S. Debt Bomb
Attention World— come to America, we have free hotels with cable TV, internet, AC, free breakfast, lunch and dinner. Ooops, we forgot to mention free health care. Many illegal aliens are now rewarded with free room and board by a…
U.S.A. BUSTED, BROKE, BORROWED TO THE HILT

U.S.A. BUSTED, BROKE, BORROWED TO THE HILT

Boom and Bust, U.S. Debt Bomb
CBO OVERVIEW:  Outlook Before Passage of Biden’s $1.9 Trillion Stimulus The Congressional Budget Office projections of federal budget deficits, debt, revenues, and spending were published on February 1, 2021 based on current laws. Looks like Washington is destined to spend…
Can Dems Outspend Trump on Covid?

Can Dems Outspend Trump on Covid?

Covid19 Pandemic, U.S. Debt Bomb
Not a single Presidential candidate mentioned the $27.7 Trillion Dollar national debt. Trump didn’t discuss debt. It’s likely Biden won’t discuss the national debt either. Talking about debt is verboten! In the recent election, I heard Senate and House candidates…
You Can’t Borrow Your Way Out of Debt

You Can’t Borrow Your Way Out of Debt

U.S. Debt Bomb
America is going through a period of unlimited explosion of our national debt. During Trump’s four years in office, the national debt has increased by $7.8 Trillion Dollars. That computes to you and I and every other person in America…

The Crack Up is Coming—Ron Paul

Boom and Bust, U.S. Debt Bomb
Written by Ron Paul Some Federal Reserve officials are calling for tougher banking regulations in order to prevent the Fed’s low interest rate policy from leading investors to take “excessive” risks that will create asset bubbles. The Fed is understandably…

Imagine If The U.S. Bought Microsoft

Gold Investing, My Diary, U.S. Debt Bomb
Russia was caught again spying on U.S. government computers— sensitive systems like the department that keeps up with our nuclear weapons. Russians appear to have compromised the Departments of Energy, State, Defense, Homeland Security, Treasury and Commerce. The breach is so…