out look forcast for the next year or two

I'm not the sharpest tack in the box but, I have been around for a while. The following is not a political rant but a simple opinion of how recent elections will effect our near future in our segment of the business world.

Looking over the past 40 years or so (I do a lot of research) some of you think I'm a fairly wise old man. I'm not, I just have a high interest in History and research. That said here's my take for what it's worth.

Seldom does the American people turn the entire government over to one Party so our next president will most likely be one of the chosen few who call them selves Democrats, but with the fiasco of "Hope and change" any thing could happen (Christie or Bush) in any in any case all are different sides of the same coin.



In any case, I learned a long time ago, it is not what is true that counts but what people believe true that counts. Depending on what view the mass media takes (yes people still believe what the talking heads are told to say) they will either think the world is coming to an end and the dollar will continue to fall and gold will go up or we will have another dose of "Hope and change" and the dollar will rise and gold and every thing else will fall (except the price of necessities, food , fuel, shelter) will continue to rise.

In about a year, two at most, people will see, with out knowing or understanding, nothing has changed and the dollar will drop again and our prices will rise again.

American politics Does still affect the entire world, China, Russia, and others are trying to change that but at this point they have had some effect but not as much as they want. The world bank is still controlled by pro western elitists not eastern block elitists so the dollar will remain the worlds Reserve currency, at least for now. The dollar will gain in strength and our scrap prices will continue to be depressed.

One bright spot is, the pipe line WILL be built so, steal may make a small come back but, unfortunately I don't see the same come back for Gold.

This is just my opinion, I hope I'm wrong. mcw