Minimize

Welcome!

Consumer Confidence is Flying High

Big Al
July 29, 2014

Click download link to listen on this device: Download Show

Discussion
5 Comments
    Jul 29, 2014 29:07 AM

    Let me see….middle America has lost 37% of it net worth, 90-100M are out of work,
    true inflation is running about 10-13% per John Williams, 1st quarter GPD was a minus and will probably be no more than 1% by yearend, debt to GDP is our of sight, jobs are
    part time and require two part time jobs to survive, housing in on a down slope and continuing, all the gold and silver is moving east, BRIC is coming alive and 2015 we will see and explosion in derivatives that will shake the foundations of banking, and the US deficit will be 20-22Trillion by ’15…….so, let me think for a moment about the report on “consumer confidence flying high”????????? Oh, I forgot Russia, China, Ukraine the old fiat dollar that will become the forgotten dollar!

    I don’t think so, not today, not tomorrow! If this report has any credibility and is based on anything sound, it reflects the understanding of the public. Lord help us! And, we thank you for gold and silver!

    ‘simply said’…….wyn

      Jul 29, 2014 29:51 PM

      Agreed

    Jul 29, 2014 29:28 PM

    Wyn, well said! A misinformed flock is a happy flock. As Warren Buffett said: “Be afraid when everyone is brave, and be brave when everyone else is afraid.” Put me down for “afraid” please.

      Jul 29, 2014 29:51 PM

      Me too, Mark!

        Jul 29, 2014 29:32 PM

        consumer confidence is flying high !!!!!!!!!!!!!!!!!!!!!!!!!
        not in my neck of the woods.