Gold Miners ETF (GDX)

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Solid report today.

By Wayne Allyn Root
I’m an S.O.B. — son of a butcher. My dad, the blue-collar butcher, used to always say, “I’d love to hate rich people, but no poor person has ever given me a job.”

If only politicians understood those words.

That is what’s wrong with the U.S. economy. Politicians and government bureaucrats tax small business owners too much. They overregulate us, denigrate us, demonize us, and demoralize us. And since small business owners create a majority of the jobs, it’s no surprise that the U.S. economy has ground to a standstill.

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Wayne Allyn Root
The statistics are mind numbing:

102 million working-age Americans are not working , the highest in history:

The number of Americans not in the labor force has grown by 11 million since President Obama took office.

More Americans now receive entitlements than work full-time.

The typical American family earns less today than in 1989.

The number of Americans getting food stamps is now bigger than population of the entire Northeast — including New York City, Boston, and Philadelphia.

Nearly half of Americans have less than $500 in savings.

And Obamacare is exploding the entitlement bill (and therefore our national debt). Over 80% of enrollees are joining Medicaid, not private insurance. How is this going to help the economy?