With crude oil surging above $74 and continued volatility in world markets, this remarkable indicator just hit a record from 42 years ago!
We Haven’t Seen This In 42 Years!
July 10 (King World News) – Here is what Peter Boockvar just wrote as the world awaits the next round of monetary madness: The NFIB small business optimism index fell .6 pts m/o/m to 107.2 but that is off the best level since 1983 (see chart below).
Small Business Optimism Near All-Time Record Levels!
Plans to Hire rose 2 pts to 20%, back to where it was in January and March…
NEW KEITH NEUMEYER INTERVIEW:
Keith Neumeyer spoke with KWN about $8,000 & $10,000 price targets for gold and much more, to listen immediately CLICK HERE OR ON THE IMAGE BELOW.
Boockvar continues: It is even tougher to find qualified employees though as Positions Not Able to Fill rose to match the highest on record, dating back to 1973 (see chart below).
Hard To Find Qualified Employees As “Positions Not Able To Fill” Matches Highest On Record Dating Back To 1973, 42 Years Ago!
Bottom line according to the NFIB President was this:
“Small business owners continue to report astounding optimism as they celebrate strong sales, the creation of jobs, and more profits. The first six months of the year have been very good to small business thanks to tax cuts, regulatory reform, and polices that help them grow.”
Finding good workers remains the “single most important business problem.”
Gold & Silver
King World News note: For what it’s worth, one of the reasons it is so difficult to find qualified workers is the rampant drug addiction and hopelessness that has engulfed the younger generation. Regardless, this will lead to rising wage pressures as part of a continued cycle of surging inflation. That cyclical rise in inflation will be extremely bullish for gold and silver medium- to long-term as well as the high-quality companies that mine the metals.
KWN has just released the remarkable audio interview with London whistleblower and metals trader Andrew Maguire and you can listen to it immediately by CLICKING HERE.
ALSO JUST RELEASED: Stunning, But This Is What Happened CLICK HERE TO READ.
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