5 Reasons Why President Obama is Bad for the U.S. Economy but Great for Gold.
Deficit Spending
Soft on the War
Obamacare
Wall Street Buddies
Unemployment is not his chief priority Each of these will have a unique effect on the economy and could all lead to the value of the U.S. Dollar Continuing To Erode. Why has Gold and Silver “increased in value” over the past 10 years? The answer is simple. The price of gold and silver does not change. What does change is the amount of dollars it takes to purchase the commodity. When the dollar is strong it takes less dollars to travel around the world, buy foreign goods and buy precious metals. When the dollar is weakened, by a weakened president and “shadowy form of incestuous Wall Street Bankers, Fed Bankers, and untruthful politicians, you must protect the monies you have. With social spending and wealth distribution on the horizon, Barack Hussein Obama is not good for the U.S. Economy, but his careless tactics are a boon for the price of gold and silver for many years to come.
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