Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

GoldSeek Radio: Ralph Acampora and CEO Niko Cacos, and Chris Waltzek

The Real Cost of Low-Fee Funds
By: John Mauldin

Equity Management Associates: Reversion to mean would send monetary metals soaring
By: Chris Powell

By: Trey Reik

The Coming Inflation Threat: The Worst Of Both Worlds
By: Charles Hugh Smith

SPX/Gold, 30yr Yields and Yield Curve - Amigos 1, 2 and 3 Updated
By: Gary Tanashian

Gold Seeker Weekly Wrap-Up: Gold and Silver Find Slight Gains on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 10 19 2018
By: Ira Epstein

COT Gold, Silver and US Dollar Index Report - October 19, 2018

Gold Is Becoming Cool Again
By: John Rubino


GoldSeek Web

Signs of the Times, Retail Sales Slump Again

 -- Published: Wednesday, 21 October 2015 | Print  | Disqus 

By Nathan McDonald

Seven out of the last ten months have seen retail sales slump. You've read that correctly, the economic downturn that many have been predicting is not on its way, it is here and now.

Month after month, economic data reports continue to trickle in, despite the mainstream media's MOPE and their seemingly endless ability to convince a large portion of the public that everything is "peachy", things continue to get worse.

Just like this time last year (except worse), retail sales have missed the mark in September, forecasting another gloomy winter and disappointing sales for the remainder of 2015. This is the second drop in a row, which seen sales drop 0.3%.

This drop is essentially across the board, with 7 out of the 13 major categories disappointing the markets. A few of these categories are gasoline, food and beverage, building materials and online stores.

The fact that even online sales, a typically very strong category, along with the other staples of everyday life, is proof-positive of how much the everyday citizen is cutting back.

This is happening out of necessity. Our consumer driven economy, an economy that can barely see from month to month, would never do this willingly.

People are simply maxed-out. Many are working two or even three jobs to provide the same standard of living they once offered their families. Others are simply going without.

Yet, our career politicians and financial elite can stand up with a straight face and tell the world that "things are getting better". This would be laughable if it wasn't so sad.

The markets donít lie. They may be highly manipulated, and in the short term, tricked into doing what is not natural; but in the long term they will revert to their correct course and the world will be in for a shock.

People know this deep down in their bones, if they would only listen, they would know that now is the time to get your financial house in order and to prepare, before it's too late.

Sprott Money General Banner (125x125)

Visit SprottMoney 

| Digg This Article
 -- Published: Wednesday, 21 October 2015 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2018 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of, its affiliates or advertisers. makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, is strictly prohibited. In no event shall or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.