Confidence

Jobs reports, LIBOR rates, Euro interest rates, re-elections…raw materials. Yes, it’s crazy but they all go together.

We’re in the business of selling high purity nano powders, rare earth, and specialized oil & gas products. Anybody who wasn’t born yesterday or hasn’t recently fallen off any turnip trucks knows that so the economy goes, so go elections. And as just about every company is connected to the economy and so their business is affected as well. Some of the stalwarts of economic downturns have been booze and gambling. Even in the tough depression we’ve faced this last decade we know Las Vegas has even been hurting.

For the most part companies are sitting on cash hoards totaling in the billions and not spending anything. Companies like Apple have most of their billions in other countries and if they brought it back to the USA they would be taxed on it so they don’t. But that’s another story. So how do we come out of this economic turmoil without hurting too badly? For us it’s about selling more rare earth minerals, oil industry products, and nano powders. How will we do that?  I’ll shed light on this in our next blog entry but I have a one word fix for it all….it’s called “confidence”.