Thread: Bottom Fishing
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Old 06-09-2013, 08:40 PM
moyyewhon moyyewhon is offline
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Join Date: Dec 2011
Posts: 1,429

hahahahahahahaha... to da moon

The jobs number number is out and it is weak.
There were just 169K new jobs created in August.

What's worse. Last month was revised SHARPLY down from 162 to 104K. That is quite ominous.

The unemployment rate did, however, drop to 7.3%, but that's basically just due to continued exodus from the workforce.

The participation rate fell from 63.2% from 63.4%.

Snap reaction: This could delay the taper a bit, as gold is surging, the dollar is tumbling, the US 10-year is seeing yields go down, and stocks are actually gaining.

Read more:
bitcoins are disruptive in nature, but banks are going to use it. So, my prediction is, the next industry to be UBER'ed will be gold...
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