Belly35
Gold up ..Stock down … the worst to come
The Save the American Debt Bill has passed and signed by the Public Servant.
Hail to the Incompetency of the Whitehouse Administration and both Parties.
What happen next investor bailed out of the stock market and run to invest in gold ….
Simply put .. The market has no confidence in this Administration nor do they have secure feeling that American is not heading into a deep depression soon…
If you think the economy is bad now ..wait for it …. It is going to get worse
I predict unemployment to reach 10% in three months, America credit rating will drop everyone interest on borrow funds will increase, house market will drop more, additional business will close and the potential for street riots in the intercity will be evolved by the entitlement class.
I just took out $ good amount from my saving and will be keeping it at home for safe keeping …. I would suggest other to do the same…