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U.S. Economic Growth Still Lagging; Gold Mining Sector Consolidating

While the press euphorically announced that economic growth in the fourth quarter of last year was better than expected (because: 2.9% growth in 2018), post-crisis economic growth has been among the most disappointing in history. Now that we have an estimate for the fourth quarter, the sad but true conclusion must be that the U.S. is setting an extremely upsetting record: 13 years in a row with annual GDP growth below 3%. All this despite Trump’s election promise to grow the U.S. economy at a faster rate than 3%.

Private Inventories on the Rise

Gold Mining Sector Consolidating

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