Who would have thought ! The economy did rebound from what looked like a bleak future. Interest rates remain low, overseas stimulous in action probably means interest rates there may drop but how far can they drop from here. We live in unprecedented times that historically give us no direction to go by. Value investors are scrambling and low income workers are demanding higher pay. Earnings must meet the demands if the market is to continue upward and to raise wages. Winding thru all this mess the country must generate enough revenue to justify an increasing debt of stimuli. True to everyone`s wishes we hope that everything will turn out alright.
Low oil prices encourage economic growth however the sector suffers. Will job growth offset the loss with jobs in the oil sector ? Can the debt be sustained without higher taxes ? These are all questions many might be asking. Idealy it might have been better if policies were more business friendly without spending massive amounts increasing the debt that you and I must pay for in taxes. Realistically speaking, it is the private sector that supports the country. Not big government. After all, who is funding the government ? Yes, the private sector and tax payers. There has to be a balance to sustain a healthy economic enviornment.
Said that, many of us don`t have the answers and no control of administrations policies except for voting. What one can do is attempt to improvise for each changing condition to best capitalize on opportunities. Easier said than done. What I provide with my blog is a small solution, bigger solutions is a tougher task. I`ll leave that up to the folks in the thinking tank. Introducing ideas on a smaller scale without tunnel vision, speaking of different problems and provoking thought on each of our situations. I am not neccessarilly a bullion gold and silver bull, however it is not a bad idea to be diversified. What I am a bull about is the selection of specified coin purchases that can double. It is a trend that historically has held up with time. But selectivity is the real key. I don`t see that trend ending any time soon unless there is absolute destruction of wealth. Basic neccessities and availability would then be priority. There would be bartering also and wealth would still be out there, just not as visible as today. Wealth will be there for who position themselves for such an enviorment.
No comments:
Post a Comment