Another day and here are two more jaw-dropping collapses.
Things Are Bad All Over
April 28 (King World News) – Peter Boockvar: Reflecting a consumer that’s not going to be rushing to travel anytime soon, those that plan on a vacation fell 23 pts to the weakest on record going back to the late 1970’s. (See below).
Those Planning To Go On Vacation Plunges
To Lowest Level Going Back To 1970s!
The Richmond April manufacturing index fell to -53 from +2 and the figure speaks for itself. There was no 6 month optimism here as all the key forward looking components had negative signs and down from March (see below).
-53 Richmond Manufacturing Index Speaks For Itself
***To hear Michael Oliver’s call for gold to hit new all-time highs click here or on the image below.
Important Gold Update
***Also Released: As The US Dollar Weakens Here Is An Important Update On The Gold Market CLICK HERE.
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