In this report I cover the immediate market reaction to the US July job data. I look at the dollar, precious metals, stocks and interest rates.
In this report I cover the immediate market reaction to the US July job data. I look at the dollar, precious metals, stocks and interest rates.
As the years pass I find this deception game getting tiresome - the dollar and markets rally on stronger than expected employment stats - Yikes!
when everyone knows the formula has been changed many times to keep a positive employment statistic for the U.S. economic model.
Ditto for the core inflation statistics where they no longer include important items like food & electricity (energy) costs, again YIKES!Hi @maneco64 I hope you and the family are enjoying the weekend.
This Time The Most Embarrassing Thing To Say Will Be “No One Saw This Coming”
The Ponzi markets with their mass media controlled narrative and unlimited money pump continue their bull run while the real economy is sick and suffering.
For those who are NOT creating content to amplify worldwide awareness, I encourage you to start.
I wish our messages are able to reach many more who are ignoring us before the markets correct to the down-side.
@ronmamita
Thanks for the update. I was wonder what the sudden drop in gold price this morning was.
@oldman28 You are welcome. I still think the longer term trend for the dollar is lower. What we are seeing today is what is called a "Dead Cat Bounce".
Good information cheers, I don't trade but do stack the metals, thanks mike
@mikenevitt No problem. I usually do an update after the US job data.
Typical Friday slam-down. Nothing we haven't seen before. London is about to close.....slam it down. I expect the DOW to hit another all-time high today as well. You can't have all the little people talking about precious metals at Uncle Bob's weenie roast this weekend.
Gold and silver will eventually go to the moon, but it will not be a straight shot, there will be wild gyrations all the way up.
I will keep stacking during the good and the bad.
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