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<p>[QUOTE=&quot;Evom777, post: 1075992, member: 27123&quot;]So, for those of Us who either invest or just follow the markets and the PMs.......what did We learn from last week? We saw some profit taking from the PMs, mainly due to the rise in the dollar. We also heard many analysts declare that the PMs were in a bubble that was bursting. These same analysts were singing the praises of the PMs just days before. Well here We are, one week later, and look.....the bubble has not burst! (soon CNBC will be back in bed with the metals, after their brief divorce) </p><p>Now I`m no analyst, and I sure don`t attempt to play one online, but there are some things that even Ray Charles could have seen coming.....</p><p><br /></p><p>First off.....if any of You either live or have lived in a once productive manufacturing town/city, You don`t need to be told that the jobs are never coming back. Despite the minor push for &quot;green jobs&quot; there just is not enough of them to go around. (even Spain who led the way in green jobs is finding out that they are not nowhere near the solution that they were touted as) I have 5 major factories in my area that have either moved overseas or are a shell of themselves, with many smaller ones whom are no longer in business as well. You won`t find one person in my city that has lived here since the 80s that does not know someone who has either lost a good job, or that was once working at a productive company/factory. </p><p><br /></p><p>Take a walk through places like Detroit, Gary, Utica, Youngstown, etc and tell those people that the unemployment levels dropped in the last quarter, and that some analysts see the dollar rebounding as well as the economy.....try to convince them that any minute now the green jobs will save the day. </p><p><br /></p><p>For those that do the shopping.....keep track of the products that You buy and watch for inflation. I have already seen it with some items such as cheese and even some junk food. Cotton has never traded higher and many of the manufacturers have been absorbing the cost with the rise in cotton.....but not for long. They have all agreed on a time when they will all adjust their prices in unison. Watch and see. (should be late winter/early spring)</p><p><br /></p><p>I`m sorry but I`m a realist who lives and deals in reality, not like these fools who have a day traders mindset and believe the economy will rebound behind the will of politicians who are bought and paid for.&nbsp; I`m going to keep buying the PMs like I always did, and never stressing about it one way or the other. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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