wow what a recovery, still does not bode well for PMs any excuse for a smackdown will do, even a illogical one
I hear ya but these markets are broken... and whe know who is swinging the sledge hammer Poor silver looks totally uninterested, gold is only slightly warming to the occasion. This will certainly mean more printing
Great numbers - and Canada lost about 55 000 jobs. The recovery is in full swing. The Euro area hit a record unemployment high this week as well. Japan on a yen spending spree. I'm betting a few more numbers like this and the USA will increase the QE. And PMs will probably get a hammering.
Could be worse, 60% unemployment in Spain for the under 25's, and over 26% unemployment rate. Greece has similar rates to Spain. The Eurozone has 12% unemployment and rising. Ouch.
America is the same bud. We just have more liars over here. The unemployment rate is based on people "TRYING" to get jobs. They leave out the 30% of Americans that have never had a job and don't want a job. America's real unemployment rate is close to 35%.
News report will say Key military facility in North Korea has dissapeared after large explosion The next week the headline will say Deep explosion in North Korea uncovers gold in the millions of tons A few weeks later North Korea fires long range solid gold missles ( heavy suckers ) across the globe A few weeks later The Fed has said Germany can have all its Gold back now 2 Days later a huge haul of tungsten is located 50 miles away from Fort Knox Relations are now stable... Us Pm'ers are moaning again