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Re: Iceman post# 8468

Saturday, 07/09/2016 1:48:55 PM

Saturday, July 09, 2016 1:48:55 PM

Post# of 47639
Iceman,

I remember last year the Fed said there were three rates hikes possible for 2016. With that statement I was wondering what kind of drugs they were taking at FOMC meetings and where I could get them. Rates are going to stay low for a while because we are still bleeding high paying jobs in the country by outsourcing, with companies using H1B visa to move these jobs overseas to much lower paid workers. The new jobs being created here have lower to much lower salary levels than the ones we lost. Labor Participation rates are at a 40 year low (see below). Inflation will not be a factor in the foreseeable future and rates will stay low, which is why gold/silver and the miners will be the best investment for at least the next few years. Have waited a long time for serious production, will be great if we can get it at +$1400 an ounce gold.


http://data.bls.gov/timeseries/LNS11300000