What continues to be interesting to me on the release of jobs numbers is what happens to the precious metals markets. Again this morning I was watching with the real time free app, ExactPrice, and they spiked when those bad numbers came out. Gold jumped almost $20 dollars.As far as the unemployment rate goes, I have a feeling it’s much higher than 10%. And come Feb 2 when they adjust for the “imagined” job losses of small businesses, I think things are going to go crazy.
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