High inflation, high unemployment, and low economic growth: it’s not a real surprise to see consumer confidence levels on the decline —or gold bugs getting quietly bullish.
Many properties are now sitting idle and expansion plans have been put on hold. This means that we will see less supply growth of actual gold bullion onto the market.
The investment strategy in these industrial metals is to determine whether or not demand is fundamentally increasing or decreasing. It’s quite clear that industrial use will continue to rise.
If the stock market is artificially inflated through Federal Reserve policies, what does this tell us about the health of economic growth in America? Is everything artificially inflated by the Federal Reserve?
Wages are stagnant, unemployment remains stubbornly high at seven percent, and consumer confidence remains tepid at best. The average American investor clearly isn’t enjoying the Wall Street perpetual momentum machine.