Freight Trucking – A Leading Indicator
Shows Demand is Exceeding Capacity
For the first time since the 2008 crisis, we are seeing the U.S. economy exceed expectations.
One of the truest leading indicators for an economy is the freight trucking industry, and according to a recent report, demand is off the charts!
Loads on the spot market are literally up over 100% from the same period a year ago.
For the flatbed load-to-truck ratio, which tracks how many vendors are looking for flatbeds, this number is up 142%!
Demand is so strong that we are actually seeing driver shortages and sizable pay increases… all of which will be inflationary for consumers.
CNBC recently covered this story by interviewing Robert Ragan, CFO of Melton Truck Lines. Here is what he had to say: “We’re in a unique operating environment right now in the transportation industry, where demand is at an all-time high and supply of qualified drivers continues to dwindle. We have a hard time filling our trucks, and pay is skyrocketing.”
As a whole, the U.S. is seeing the highest wage growth it has in more than 2 decades.
With oil at $70, lumber hitting record highs, and the U.S. annual deficit about to go over a trillion dollars, the safest, most certain prediction we’ve ever made is probably that Americans are about to experience severe price inflation over the next 1 to 3 years.
The FED hikes will continue, which means gold should continue to make higher highs and higher lows, as has been the case in all the rate hike cycles of the last hundred years.
The inflation trade that everyone has been expecting for the last decade is finally here… Don’t miss out!
We will have NEW stock suggestions in the blockchain, cannabis, and green energy spaces soon. These are very serious deals where we can potentially make 10x on our money.
If you’re looking to maximize your exposure to pure inflation trades, consider buying shares of First Mining Gold (US: FFMGF), GOLDMining Inc. (US: GLDLF), and First Majestic Silver (NYSE: AG).
Legal Notice: This work is based on public filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
Never base any decision off of our advertorials. Future Money Trends stock profiles are intended to be stock ideas, NOT recommendations. The ideas we present are high risk and you can lose your entire investment, we are not stock pickers, market timers, investment advisers, and you should not base any investment decision off our website, emails, videos, or anything we publish. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. Never base any investment decision from information contained in our website or emails or any or our publications. Our report is not intended to be, nor should it be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell securities, or as a recommendation to purchase anything. This publication may provide the addresses or contain hyperlinks to websites; we disclaim any responsibility for the content of any such other websites. We have been compensated by First Mining Gold, five hundred thousand options for a one year agreement. We have previously been compensated six hundred thousand options for past years agreements, none of our options have been exercised. In addition to options we are currently managing a marketing budget of two hundred and fifty thousand dollars, paid for directly by the company. We are currently in a one year agreement with First Majestic Silver, we have been compensated with twenty five thousand options, and thirty thousand dollars. For prior expired agreements we received an additional fifty thousand options, none of which have been exercised. We have been previously compensated by GoldMining Inc.,however we are currently under no marketing agreement. We own shares of the company and will not sell within ninety days of any coverage, including today’s email. Please use our site as a place to get ideas. Enjoy our videos and news analysis, but never make an investment decision off of anything we say. Please review our entire disclaimer at FutureMoneyTrends.com