Loading ...If anyone remembers, after that ’08 financial crisis, the culmination of embezzling wealth from the US economy, I predicted the US economy would get better, and our economy had hit its final bottom. Simply because there were no other methods anymore for TPTB to fool the US economy with the likes of no doc 105% liar loans for houses.
Some things definitely got better, 2008 to 2016, like the stock and real estate markets, and a few businesses moving over to the USA. Unfortunately, looking back, I’m thinking it was too little and too slow, all the stores and warehouses are still chock a block full of Chinese made crap.
So my view is, TPTB or bankers, know something that’s not widely known (during Obama)like small signs that the US economy is on an imploding course, and before Trump was even elected, they started, thru Trumps words, pumping and cheerleading a coming prosperity.
The bonuses, the raises, the tax cuts are new and minor compared to what we lost, and the manufacturing and jobs coming back is not here yet. So basically the economy is only emotionally better like a placebo effect. A fantasy is usually far better than the reality.
So sooner or later something very BIG is going to happen, and Gold will attract a lot of attention domestically and globally. Gold might even be the only game in town for the wealthier folks and Silver for the regular folks.
Think about what would happen if the stock markets around the world started going down 1929 style for the next six months. Everything else would drop like Real estate, retail, auto sales etc etc. Tax receipts would drop too. National debt would get bigger.
Regarding all this positive USA economic news hoopla, I smell a rat. A big one. We are betting against banks and governments, and $1300 plus gold these days is very respectable.