Industry Slides Deeper into Recession. Will Gold Shine Now?

From sunshineprofits.com

Some analysts has argued that the manufacturing sector reached a through. But this not the case. The latest Fed's report on the industrial production and capacity utilization clearly shows that the pundits were wrong again. As they so often are. The industrial production fell 0.8 percent in October, much more than expected. It was the third drop in the industrial production in the past four months, following a 0.3-percent decrease in September, and the largest decline since May 2018. Of course, the United Auto Workers strike at General Motors negatively affected the October report, pushing down automotive production ... (full story)