So if we have protectionism then we will get inflation and gold will go up. If there is a recession then there will be fear and gold will go up. Trying to think of a scenario where gold does not go up. Anybody have one? Hate to sound like a gold bug but just don’t like other investment avenues right now i.e. stocks,bonds,real estate. Investing in a personal business might be good… but if recession then? Remember it is Trump’s favorite color, mine is green!
As far as getting rid of regulations I think a lot of that is a red herring at least in most states, CA may be the exception. Many jobs leave here because the workers elsewhere will work for less, partly because it is cheaper to live there than here. Jobs that use a lot of energy like production of steel, gold mining, glass production, solar panels, are probably best left over seas as long as they are made with quality. We need jobs here that are not so dependent on the price of oil.
No, Trump says that is healthy competition between the states. I guess I’ll have to read his book “Art of the Deal” in order to be able to predict his behavior better.
I think those damn third rate states are stealing our businesses. They took what is rightfully ours. They don’t produce anything but farms and carbon fuels. And we have plenty of that too
I see your sarcasm FlyerInHi and I’ll raise that Trump can’t do anything to repel the red tape in CA. The competition between the states is really all about regulation and taxes, all self imposed. So it does level out and reach equilibrium eventually. People leave and then they come back, I haven’t left yet but I know a few that say when they retire they are leaving, we’ll see if they walk the talk.
Asia… Pffff. I’d say the trade war starts with mexico. And that’s going to screw up some of the old school industries first
Like the auto industry. Appliance industry. Ironically were the rust belt states count the most on in terms of jobs.
But hey, they wanted this. No one thought trade wars hurts both sides right? Well, lesson to be learned the hard way.
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