1. the economy is improving.
No its not, there is no improvement in building, unemployment staying level and that means it is increasing because people are disappearing from the system that have depleted their unemployment new people coming in to fill the slots, retail stores are closing far more locations than are being built, and government is cutting jobs. All signs point toward higher unemployment and worse retail sales later in the year.
2, the dollar is stronger. Against what and who? Europe? they are already in the tank except for Germany and a few small countries with small economies like Switzerland. Look at their gdp per person against ours (be sitting down when you do).
no, the dollar is weaker, it only looks stronger because other countries are devaluing there currencies, which is exactly what we should be doing, which in turn by inflating our currency would make us more competitive in the world economy might bring back some jobs and would definitely push up metals prices. until our government wakes up and realizes this nothing will change. You cant inflate currency when interest rates are at zero doing so would cause hyperinflation, so there definitely in a gridlock right now.
3. less gold is being bought for production. because of the economic slow down. which is it an economic slow down or an economic improvement ? It can't be both ways accept, of course , in the public news medium. they can have it any way they want it seems or should I say the way the government information office wants it.
I agree with that statement 100%.
The main thing i want to point out is that everyone thinks unemployment staying level is a good sign. Actually its a highly negative indicator. Remember that people who have depleted there funds and run out of extensions are getting dropped from the system. And because the bad job market has been going on so long now people are dropping out at higher rates than when the recession started. I think actual unemployment is 20% and rapidly increasing. Another year or two at the rate were going and a depression is inevitable. I think we need to start inflating our currency now before its too late. China holds 30% of our debt, let them take the hit.
The so called recovery we've been hearing about for the last year or so is 100% fake.
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