Thanks for your comments, however if you think the US economy is recovering strongly then you must have taken 20 trillion + national debt off the table in considering that comment - and the student debt ballooning out past 1.4 trillion alone.
Americans are more burdened by student loan debt than ever.
You’ve probably heard the statistics: Americans owe over $1.48 trillion in student loan debt, spread out among about 44 million borrowers. That’s about $620 billion more than the TOTAL US credit card debt. Basically we have bubbles everywhere, starting to appear
Now, the US treasury recently released saying they will need another 1 trillion in 2018 and further 1 trillion in 2019 so IMO the US fiscal debt is becoming another house of cards scenario as they have so much debt it could sink the entire combined fleet of frigates across the globe, lol
I also like ANW prospects but they need to ramp up and become one of the top 5 Tin producers in the world- ANW Mt cobalt is basically a few drill holes at the moment so we need to ascertain the size and grades and convert to JORC measured and indicated and provide BFS before we can jump for joy so lets take that out of the equation for now and focus on Tin which is where our short term cashflow will come from.
Also yes I agree that its a market correction and some Wall street bankers (Goldman Sachs) saying that in next couple months we will see more corrections like Monday night. Whether they are manifested by trading algorithmic platforms or not , they will happen. Its all over the news about the fear of inflation and interest rates rising , labour costs etc which will be a concern going forward , this i think was a major factor in selloff Monday in US as we have had a stellar run on stocks the past 7-8 years and any time the word inflation or interest rate rises are discussed- guess what , shares get sold off - as it affects listed companies bottom line against corporate lending , this can create shrinking in manufacturing and wages and GDP slides causing job losses etc... so many factors IMO
Yesterday in the US they were talking about 3 rate hikes this year (in 2018) but if the controllers/manipulators try and sell off equities it may make them think otherwise about raising rates - part of me thinks that the big selloff was fabricated to prevent rate hikes which could potentially trigger household debt defaults - hey im not on the inside so its all speculation and conspiracies by myself lol
In the meantime - ill say it again - get that blood* tin out of the ground now ANW management - haha
