IS ECONOMIC GEAR STUCK IN REVERSE? It is one thing to complain that the economy is not growing, or, that economic activity is slowing; but the charts below indicate something more serious. Economic activity is in decline and the decline might be accelerating. First, lets look at industrial production... Industrial Production Real output for all facilities located in the[...]
Category: App Alerts
Too Soon For New Highs In Gold
NEW HIGHS IN GOLD Anticipation for explosive new highs in gold has risen sharply since last fall. After rising above $2000 earlier this year for the fourth year in a row, the gold price has dropped back to the mid-$1900s and continues to tease investors with somewhat lackluster performance. Regardless, we need to be clear about the expectations for the price of the yellow metal. The [...]