WMC wiluna mining corporation limited.

Thanks for your advice. Add something new "There is a huge...

  1. 1,207 Posts.
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    Thanks for your advice. Add something new "
    There is a huge problem with the fed reserve in the US. They have supported large cap companies to maintain the S&P 500 and Dow 30.
    There are huge problems with states in the the US. They are running huge deficits. New York state has just raised another $5 bill. on top of the $28 bill they owe. Chicago is in a worse position. Fires in north California etc.
    The fed or Trump will have to respond to the states of America. The states are paying the bill right now to support stock indexes and employment.
    Soon they will ask for money. Where is that coming from?
    NO WHERE.
    Where is India going to get help or South America. NO WHERE.
    The fed and Trump will have fork out billions to support these states. Let alone trying to get the next unemployment etc. coverage.
    All good for gold.
    The tech. stay at home stocks. are over as who is going to pay these people to stay at home?

 
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