Friday, January 27, 2017 12:00:35 PM
Tommy, where have ya been! We've missed your input here for sure.
Yes, as usual I agree with you. I heard them say on TV this morning the GDP number was coming out, but I didn't see it. Under 2% doesn't really surprise me though. They need those big soybean exports every quarter to keep the economy afloat! LOL
The 20% tax on Mexican imports will just KILL all Mexican imports, plain and simple. If your bottle of tequila is 20% more expensive, you just won't buy it. Mexico industries get killed and if they do the same to us, then we get hurt. It's that simple. It becomes a pissing match and if we do the same with China IMO all hell will break loose. We'll see what happens.
In the meantime, the dollar is stronger, the stock market is waaaay past bubble levels now and will most likely go higher from here. Bonds are in a dangerous place too. I've been reading different articles that project inflation could begin to get out of hand in the near future, so if that happens Yellen will want to get more aggressive in raising rates, which could be a disaster. There are too many landmines to count at this point.
I agree that our mining stock investments should start moving big before the end of this year.
Yes, as usual I agree with you. I heard them say on TV this morning the GDP number was coming out, but I didn't see it. Under 2% doesn't really surprise me though. They need those big soybean exports every quarter to keep the economy afloat! LOL
The 20% tax on Mexican imports will just KILL all Mexican imports, plain and simple. If your bottle of tequila is 20% more expensive, you just won't buy it. Mexico industries get killed and if they do the same to us, then we get hurt. It's that simple. It becomes a pissing match and if we do the same with China IMO all hell will break loose. We'll see what happens.
In the meantime, the dollar is stronger, the stock market is waaaay past bubble levels now and will most likely go higher from here. Bonds are in a dangerous place too. I've been reading different articles that project inflation could begin to get out of hand in the near future, so if that happens Yellen will want to get more aggressive in raising rates, which could be a disaster. There are too many landmines to count at this point.
I agree that our mining stock investments should start moving big before the end of this year.
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