U.S. Posts 19th Straight Monthly Budget Deficit

When the shocking is repeated, it becomes routine. This is the danger of complacency. While the public tries to get a feel of the new and hopefully not to painful normal, they have missed the shocking reentry of the US federal deficit into what only can be classified as the unsustainable zone. Yet, despite this troubling development, a large chunk of the public remains unaware, essentially oblivious to SOS signal contained within the gold trend.

The United States posted an $82.69 billion deficit in April, nearly four times the $20.91 billion shortfall registered in April 2009 and the largest on record for that month, the Treasury Department said on Wednesday.

US Federal Budget (Surplus or Deficit As A % of GDP, 12 Month Moving Average) and Gold London P.M. Fixed:


Source: abcnews.go.com