Long Position on Silver and Gold?

[roberth]

If fewer companies are buying new trucks, it's an indicator that there's less demand to move stuff around the country.

Less demand to move stuff around the country translates to companies/people spending less money, possibly in anticipation of an economic downturn.

Also, if trucking companies are opting to engage in maintenance/refurbishment of current trucks that are nearing what would normally be their end of life, this also could be an indicator that the trucking companies are doing what they can to save money because at some level, it's cheaper to maintain a fleet of aging vehicles than it is to replace them with new trucks.

Thank you.

That's weird though, if the economy is booming why is there less movement of goods around the country?

Has railroads seen an uptick in business? According to this revenues and mileage have fallen - https://www.bts.gov/content/rail-profile (last data is from 2016)

More on railroads - https://www.freightwaves.com/news/ra...volume-growing

Association of American Railroads costs money to see their data.

Are companies are building more local facilities so they don't need long-haul trucking? I don't know, just asking questions.