First Mining Gold Corp (FFMGF)

[Implanting]

Was just watching an interesting interview on Fox Business news with woman economist who was talking about how the credit cycle is showing signs of turning down. In other words, as interest rates move higher people are less likely to borrow money for cars, houses, in general less spending and money borrowing. Less borrowing portends to slower growth and recession to come. We're already seeing the auto numbers starting to tank.

She made the specific point that what Trump is doing can help the situation, but the stats are showing business people are still waiting to see how his fiscal plans play out and aren't moving to hire or add business capital beforehand, which stands to reason.

The Fed has had easy money for years now and the people that had a job to be able to borrow money have already done it, so now as easy credit lessens it in turn is slowing the economy even more. This is the Fed's plan because they know they have to attempt to get interest rates higher before they send us back into recession with the raising they are currently doing. It's a vicious circle.

I'm predicting we see a much lower jobs number than the 185K that's being predicted today.