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Government spending my have screwed recent data points

Cory
November 23, 2016

Today we have John Rubino, founder of DollarCollapse.com on the show to discuss the complete change in investor sentiment from before the election to after. US markets continue to hang around all time highs and precious metals continue to drop. John points to the recent government spending this year as a factor that has helped the better economic data and contributed to more confidence in equities.

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Discussion
13 Comments
    Nov 23, 2016 23:43 PM

    Gold is going to have a tough six weeks…jmho

    Nov 23, 2016 23:56 PM

    Hey Jerry Happy thxgvg! Yes – maybe….time to buy more and dig a hole..:))

      Nov 23, 2016 23:05 PM

      Hello Marc, glad to hear from you.
      HAPPY THANKSGIVING TO YOU AND YOURS.
      I think time is coming close 😉

    Nov 23, 2016 23:03 PM

    I don’t know if it’s the gubmint, inflation or just people doubling down on economic growth.

    Nov 24, 2016 24:42 PM

    I agree OOTB, gold is facing an uphill battle in the interim. Freefall to low 1100s if we get interest rate hike in my opinion. If so, 2016 will have been a great waste. Maybe theres a better hedge against US dollar and inflation we dont know about… By the way, any official figures for those still on food stamps? I here many numbers chucked around: 41mill, 51mill 48mill etc…