from Silver Doctors:
With Gold and Silver Creamed In the Wake of Friday’s BLBS Report, The Doc & Eric Dubin Break Down All the Action, Discussing:
- “Insane Demand For Silver“ – SD Bullion Burns Through 30,000Silver Rounds Friday In Wake Of Jobs Report Silver Smash
- Eric Explains Why Friday’s Action Demonstrates The 3rd Stage of the Secular Gold and Silver Bull Market is Underway
- The Dollar is Reaching an Inflection Point – BIG Moves Ahead For the Greenback?
Must Listen Market Analysis Is Below:
Wall Street isn’t buying the latest BLS BS. That’s what Friday’s trading action indicates. Is it any wonder? The statistical contortions in the latest U.S. Bureau of Labor Statistics employment report are downright amazing. Take the retail sector, for example. Jeffrey P. Snider at Alhambra Investment Partners fired-off an incisive missive this morning, including this gem of an observation:
Click here to read Snider’s full paper. Dave Kranzler also published on-target analysis (click here); Kranzler’s dissection of real-estate and construction trends within the latest BLS BS are flying under the radar of nearly ALL money managers.With retail sales representing over 65% of the Gross Domestic Product of the United States, this divergence all by itself undermines BLS BS. I mean, seriously, someone needs to send Janet Yellen some aspirin. What with her talking down economic expectations recently, she’s probably sporting a major headache this weekend. One does have to marvel and the rotation we see with “jawboning” and perceptions management as the so-called stewards of our financial and monetary system rotate every other week as part of their official “economic policy.”
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