(Michael Synder) Have you lost your spot in the middle class yet? For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, and we just got another one.
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(Michael Synder) Have you lost your spot in the middle class yet? For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, and we just got another one.
Source:http://ift.tt/2sMZDw0
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John is very pessimistic about the prospects of the failing Obamacare ever getting repealed. Medicaid appears to be the major sticking point. The hard right wants it gone and yet there are many in the middle that want it expanded. Obamacare appears to be much more sticky than anyone anticipated. Is there a way out? Perhaps, it may be down, but not out, yet? Tax reform could be a casualty as because the clock is ticking. And Russia is still lurking in the background. While all this has been happening, CNN has been imploding. The story is really quite amusing, however the Left has long since lost its sense of humor.
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Cryptocurrencies are a threat to the U.S. dollar. Economist Jerry Robinson cautions investors the rules of the game can change. “Anything that challenges U.S. dollar dominance, is going to be heavily regulated.”
Cryptocurrencies are under-owned by investors, Robinson says. Only about three percent of U.S. retail investors have exposure to cryptocurrencies. Robinson predicts we’re still in “the early innings” of the boom/bust cycle in cryptocurrencies.
But remember: the rules of the game can change! Robinson says cryptocurrencies could be regulated and suppressed. Stay tuned to learn Robinson’s strategy to prepare for rule changes in the investing world…
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50 million ounces of silver was just dumped on the market in one minute…
Who was behind this silver dump? Derivatives expert Rob Kirby thinks it is the work of the U.S. government. He says the Exchange Stabilization Fund is manipulating gold and silver prices in order to support the U.S. dollar as the world reserve currency. But he says the demand for physical metal will outstrip the ability of the riggers to manipulate the price…
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Gold and silver are getting slammed. However, John sees a silver lining. The speculators are being driven out of the market, the paper market that is, and the seasonal factors are looking up. Every person interested in precious metals should be looking at the Commitment of Traders Report. The COT is almost always correct as a predictor of future. This time will be no different.
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