Unwinding of biggest financial bubble in Us history, The US keeps printing money at well with no signs of letting off the gas. Debt continues to skyrocket with no signs of slowing down and did you know the US is STILL PAYING FOR THE CIVIL WAR? yes, that’s right you can read more about it here America Is STILL Paying for the Civil War (businessinsider.com)

Now let’s take a look at the debt statistics:

These graphs are quite alarming. A high amount of Debt being owned by foreign nations is quite alarming, considering what happens when these countries demand payment plus interest? Knowing these things and other economic unrest is causing smart money to buy into physical gold and silver assets. JP Morgan Chase JP now holds 133.1 million ounces of physical silver and the world record for most silver held under one name. Today, it also owns 50% of the world’s COMEX silver bullion. It’s safe to say big players are positioned and or getting positioned. When exactly will the financial bubble pop remains uncertain, but it’s certainly coming.

Berkshire Hathaway “The company owns 129,710,000 ounces of silver. Its first purchase was made on July 25, 1997 and its most recent purchase was made on January 12, 1998. During 1998, Berkshire has accepted delivery of 87,510,000 ounces in accordance with the terms of the purchase contracts and the remaining contracts for 42,200,000 ounces call for delivery at varied dates until March 6, 1998.”

 Blackrock’s flagship Tonopah West project consolidates the western half of the famed Tonopah Silver District within the Walker Lane trend of Nevada. Known as the Queen of the Silver Camps, the Tonopah Silver District produced over 174 million ounces Home – Blackrock Silver

As things continue to unwind it will be interesting to see if gold and silver become talked about on the mainstream media before it is too late. Do you think the US is in a financial bubble? Leave a comment below.