Obama plans to create more jobs by boosting manufacturing in America, what's the effect on gold, dollar, sticks, and China?
Sam Adelton
Jan. 21, 2012

Obama plans to create more jobs by boosting manufacturing in America, what's the effect on gold, dollar, sticks, and China?

President Obama plans to outline steps next week to spur the nation’s manufacturing and energy industries. Being frustrated with politicians from the opposition groups, he is working to foster job growth in ways that don’t require Congressional approval.

His State of the Union address next week will highlight the plans for well paying jobs at factories, boost energy development and create an American economy of inclusion of everyone in the cycle of prosperity.

President Obama sees a prosperous future America with jobs from travel of Indian and Chinese affluent tourists. The economy will expand as more than 3 to 4% led by manufacturing companies like Caterpillar, Boeing, and GM who are core manufacturing companies.

So what will be the effect on currencies, gold, stocks, bonds, and of course the Chinese economy?

American indigenous economic expansion and job growth will strengthen US dollar. The gold will fall back below $1000 an ounce. The stock market will climb with Dow over 14,000. The interest rates will have little impact as business and real estate loan demand will still below. The inflation will be moderately higher. The real impact will be in the Chinese economy. China will face a real competition from automation and robotics driven American manufacturing renaissance.

Chinese growth will be slower. The effect on India will be minimal as India marches towards becoming global knowledge center.

Obama plans to create more jobs by boosting manufacturing in America, what's the effect on gold, dollar, sticks, and China?
Sam Adelton
The real impact will be in the Chinese economy. China will face a real competition from automation and robotics driven American manufacturing renaissance.
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