Initial jobless claims surges, but we are experiencing they same thing we saw in 2008, low claims, next stop recession. Walmart is closing 260 Sam's Clubs. IBM restructuring and will be laying off 10,000 people. Confidence hits a 17 year high. Bank Of America says the central banks bubble can be popped. Has the date for the economic collapse already been decided, will it start in Europe?
Thanks again, Dave. I always look forward to your report.
I think it will start in Europe then spread west. It will be really interesting year 2018
Solid Dave. You're on to something with the idea that there's so much control and liquidity from the Fed that we can't ever predict how this is going to turn out. They've been playing with this for so long though! There is a reckoning to come!
I`m also worried about the situation in Japan. On the surface life seems very calm and normal.
Thank you for your work!
Something is definitely brewing but I think gold and silver moving out of their trading ranges is going to be the canary in the coal mine.
It's amazing the work that the plunge protection team does.
Really good work.......