12 Comments

....as the US continues to recover....?

Sure. Tell me another story.

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Well... restaurants are full, houses sold out, retail sales are up, we have more than full employment, hiring signs all over the place, stocks all time high, dollar going through the roof, people at wall mart buying everything Chins and Europe can produce..

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Hi WaveRider. We have more than full employment? Hardly. Stocks at all time highs? Wall Street has litlle to do with Main Street. At least right now.

Hiring signs all over the place?

Sure, for low paying, low benefits, NON-UNION, low employer loyalty jobs that Americans are not interested in.

With good reason.

The economy is TANKING!

Very badly, too. Gold prices keep falling.

Can you spell recession?

Can you spell depression?

This is where we are heading right now.

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Also please note:

"economy is TANKING" : This narrative has been in play for decades. Nothing happened. Prosperity continue to rise.

"for low paying, low benefits, NON-UNION, low employer loyalty jobs" : What do you expect ? Have free trade with other countries and yet get paid 20 times more for the same job ? I have my programmers working in Asia and they do a better job for peanuts than programmers I can find here for 5 times more money. Nobody complained when they bough $100 TV from Walmart that was made in China

"Gold prices keep falling" : because NO DEMAND FOR PHYSICAL. Only god bugs jerking each other off and repeatedly exclaiming .. ''OHH It's going up" lol

"depression" This fear word has been being used for decades and decades. Fear is a powerful emotion to keep you in silver and gold while tech stocks and homes go into stratosphere. Do not believe in it

"This is where we are heading right now." : NOBODY knows where we are headed. Could be utopia also or hell.

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Well well. I recommend you travel the world and watch a beautiful young woman in other countries with MBA degree who knows three languages taking a bus for $100/month job where she works her ass off without demanding overtime pay.

Then watch a 400 lbs here in USA who can not speak proper English driving a Lexus going to work where she earns 70K a year for some useless job.

Some day it was supposed to end. We sincerely thank the FED for good life we have had and the dollar game. Game still continues but to a lesser degree. We are still grateful and few of us who have Greg's guidance can still prosper.

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We are heading inflation. That's the reason why WaveRider sees what he describes. USD is becoming a hot potato.

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Bidenstein that is so funny ,but right on keeping Jerome Powell at the printing press remember Powell threw in the towel in 2018 I want to see him raise quarter basis points next year.

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King dollar has not shown any intention to stop. Has taken out all resistance and all indicators pointing higher

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The $hit show only gets $hittier.

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🙄 yellow is as yellow does 💦

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Bring on Saule Omarova! LOL!

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Well, at least the rules of the game are still in play.

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