US Economic Recovery is Not Real
Sometimes a picture speaks a thousand words, and on other occasions, it might need 10K to explain what is going on. In this case, the chart speaks for itself. If this economic recovery were real, then real unemployment rates would be dropping, and that is not the case here.
The percentage of the US working relative to the working-age population indicates all is not well. It is well below the 15-year average. Labour participation was 67.3% in 2000; in 2016, it dropped to 63%. This clearly illustrates that fewer people are working, yet the government claims that unemployment levels are dropping and all is well. This data conveniently omits the number of people that have given up looking for a job. The unemployment rate data published by the BLS paints a false picture.
Don’t fall for the Gold is a great Argument that experts try to sell you
Gold is suitable as a hedge, but there are far better investments than Gold. You need to get into something that inflates faster than the inflation rate, and many assets perform far better than Gold. One example is the Tech Sector
Other Articles of Interest
Nasdaq’s Achievement Topples Stock Market Crash Argument (Oct 6)
Stock Market Crash 2018; Another Buying Opportunity (Oct 5)
Masses Trained to fear Market Crashes; why not embrace them? (Sept 27)
Buy When the Blood in the Streets is flowing Freely (Sept 13)
Dow 21K Predicted In August 2016 (Sept 9)
Minimum wage hike ignores impact of AI; companies will opt for Robots (Sept 8)
Should You Be Worried About Inflation Rate In 2017? (Sept 6)
Wage Deflation here to stay: Robots Replacing Workers (Sept 5)
Price of Copper Signalling Inflation or higher Stock Market Prices (Sept 4)
Rate of Inflation not an issue according to Bond Market (Sept 2)
