GOLD 0.51% $1,391.7 gold futures

The US is sinking ... sinking ... sinking

  1. 24,765 Posts.
    There's no US economic recovery.

    The alleged 248,000 new jobs announced on Friday included more than 90% low income and part time jobs going  to people 55 and older!

    Another 315,0000 people dropped out the labor force. That's how unemployment dropped to 5.9%. lol

    There's now more than 92 million people recorded as not being in the labor force. That's more than 15 million higher than in 2008. Some economic recovery. NOT.

    The US is sinking.

    The US dollar will also go down with the US .... just wait and see what happens when Middle East oil is no longer automatically priced in US dollars .... and that's very much on the cards imo.  

    Also see http://kingworldnews.com/kingworldn..._Nearing_A_Violent_Change_In_The_Markets.html
 
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