Saabman wrote:So based on what you were thinking that equities hadn't hit bottom yet......and equities and PM's are now linked.....are you thinking that PM's still have further to fall?
Mossy wrote:We should see a big shake out as the fractional bullion vaults get exposed. Maybe this year? Maybe next? Eventually.
Saabman wrote:I read earlier today that of 103,000 jobs reported 45,000 were the the striking Verizon employees returning to work. So basically, August gets revised up to 57,000 jobs and September is essentially the same, which means that the needed 150,000 jobs needed to sustain the economic numbers just isn't there. I agree that unemployment is more around 16%. But also, we're kidding ourselves thinking inflation isn't creeping upward. Again, suspect numbers from our government.
Saabman wrote:Do you think that there a lot more shorts out there? Or have most of them done their thing and are now preparing to go long? I mean come on.....Greece hasn't gone away and now Spain and Italy have been down graded.
Saabman wrote:Isn't JMPC in court now for illegal pm trading?
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