Americans expect financial situation to worsen as pessimism rises
“According to a new survey from the Federal Reserve Opens a New Window. Bank of New York, most households predict they will be worse off financially in one year – only 38.6 percent think they will be better off, the lowest reading in more than two years.”
USAGOLD note: Contary to what some would have us believe, a good many Americans apparently believe that this is not the best of all possible economies. That might explain to some degree the sudden spark of interest in gold we are experiencing at USAGOLD’s offices. . . . . . .