I’m not optimistic by nature. But when the government is involved, I’m more skeptical than ever. The Bureau of Labor Statistics released the new job numbers this morning and only 120,000 jobs were created last month. Not so good.
But here’s the great news, the unemployment rate STILL went down. Just like Obama needs it to for his re-election – though I’m sure there’s no connection. The unemployment rate in this country dropped from 8.3 to 8.2 with the most recent report and most analysts think people are just giving up looking for jobs…
So in the meantime, the “recovery” looks pretty stagnant. And commodities prices are down now because the Fed decided to ease up on the quantitative easing. Easy on the easing, said Ben. So this is a buying opportunity for gold and silver…
For those of you who love to buy on the dips, this is a dip. For those of you who don’t know what I’m talking about, don’t worry.
You can learn more about benefits buying and selling gold by reading some of the information on www.zerohedge.com And you can read my various posts on precious metals here and here. In articles about buying and selling gold and silver, you’ll learn how to hedge your investments against coming inflation, devaluation of the dollar by Federal Reserve action and the diversification of portfolios through the use of silver and gold.
The amount of debt America is carrying is eventually going to catch up to us. The best plan is to diversify your portfolio so that you can make it through a currency reset or revaluation without a great deal of stress. Buying or selling gold is part of that process.
