A Democrat on Why Democrats are Losing
https://www.armstrongeconomics.com/wp-content/uploads/2024/03/Bill-Mayer-Democrats-1.mp4
The commodity industry is bracing for a high year of bankruptcy and default filings that will impact mining and metals along with oil and gas. Moody’s has also warned of global speculative-grade corporate defaults that will increase by more than 30% in 2016, reaching the highest level since 2009. Those interested in mining shares should pay close attention to what they are buying. Until gold crosses that key resistance, we still have only a typical three-month reaction. A rally must extend beyond March to be impressive.