U.S. Debt: Has Its Past Become Its Future?

Source: EverBank Direct, Frank Totter (8/7/11)

"I tend to go straight to the numbers: A trip over to the Congressional Budget Office reveals the pearl within the plan."

EverBank Direct, Frank Totter

Being a simple country banker, I tend to go straight to the numbers. A trip over to the Congressional Budget Office—the folks with the green eyeshades in charge of translating the mumbo-speak of Congress into something practical—reveals the pearl within the plan. As we have all read many times now, the approved plan calls for $917 billion in "reduction in budget deficits." Of course there are many qualifiers but one layer down, the appalling figures are written in black and white for all to see.

For the 2012 budget year a total of—wait for it—$21 billion in reductions is proposed, followed by $42 billion and $59 billion in 2013 and 2014. Can anyone guess when the next presidential election will be held?. . .View full article

Heavenly Metals
Source: Michael Ballanger (04/29/2024)

Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the markets, and shares some stocks he believes are worth taking a look at.

Analyst Says Silver Stock Is Set for Pivotal Year
Source: Stuart McDougall (04/29/2024)

In light of recent news, Research Capital Corp. maintained its Speculative Buy rating on Dolly Varden Silver Corp.

Production Increasing at Peruvian Mine for Vancouver Silver Co.
Source: Streetwise Reports (04/26/2024)

Silver X Mining Corp. continues to see an increase in production at its Nueva Recuperada district-scale property in Peru since its pivotal restart last September. Find out why one expert says the time is right for silver stocks.

Global Analyst Adrian Day reviews three of his favorite junior exploration stocks, which he believes are all Buys.

Silver-Gold Co. Announces Drilling Plans for Massive BC Project
Source: Streetwise Reports (04/25/2024)

Dolly Varden Silver Co. announces its plans for its 2024 drilling program at its 100%-owned Kitsault Valley project in British Columbia's Golden Triangle. Read to see why one newsletter writer says the stock is a "core silver holding for us."