Saturday 8 August 2015
Who could have seen THAT coming?......................from Rico
It was looking a lot like the typical NFP report Friday.
The 'usual' one-two punch:
- The wiseguys obviously 'capped' both Gold and Silver preceeding the report's release.
- A blizzard of naked paper shorts hitting Gold and Silver was unleashed about when the shittier-than-usual numbers were given to the rest of us who aren't connected.
Then the precious metals rose sharply while the dollar was dumped (along with the equities markets).
- Wait a minute. That's not part of the script.
Not when you are celebrating the loss of 1.4 million manufacturing jobs since 2007 and the addition of 1.4 waiter/bartender jobs in the same period.
- Why that's a win-win for Obunghole and yet another accomplishment he can add to his growing legacy.
And as a bonus, a new record has been set! The not-in-labor-force (unemployed workers) has hit a high of 93.8 million.
- A HUGE win for the Welfare State and Barry, Boy-Marxist.
From Theo Spark at 12:01
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