This morning the Department of Labor released blowout employment numbers. April nonfarm-payroll numbers rose by 176K vs. a consensus of 166K, and more importantly, the whisper numbers were under 140K. The reaction in the markets has been violent. Interest rates have risen, and DJIA has broken the resistance at
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) LOWER GDP, GOLD SHORT COVERING CONTINUES April 26, 2013 GDP for the United States rose only 2.5% for the quarter vs. 2.8% consensus. This simply
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) GOLD BREAKS ABOVE $1400 AFTER G20 ACCEPTS ABENOMICS April 19, 2013 Gold has broken above $1400 as G20 accepts Abenomics. G-20 refers to the group of 20 major economies.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) FOR A CHANGE GOLD FALLS IN EUROPEAN TRADING April 12, 2013 For the last two years, vast majority of big moves in gold have been the
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) DOUBLE WHAMMY OF NUCLEAR MISSILES AND SHOCKING EMPLOYMENT DATA April 5, 2013 North Korea is escalating the situation as it threatens nuclear war. Embassies in its
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) STRICT CAPITAL CONTROL IN CYPRUS March 28, 2013 Cyprus has become the first eurozone country to put limits on daily withdrawals, cashing checks, amount of credit card transactions,
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) EXPECT STOCKS, BONDS AND GOLD TO MOVE ON CYPRUS RUMORS March 22, 2013 Friday’s are especially vulnerable to rumors. Expect stocks, bonds and gold to
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) OVERALL CONSUMER INFLATION RUNS HOT BUT CORE SUBDUED March 15, 2013 Consumer Price Index (CPI) came at 0.7% vs. 0.5% consensus. However Core CPI came at
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) BLOWOUT EMPLOYMENT NUMBERS March 8, 2013 This morning the U. S. Department of Labor reported blowout non-farm private payrolls at 246K vs consensus of 175K.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) DOLLAR STRENGTHENS IN PERVERSE MARKET ACTION, GOLD VOLATILE March 1, 2013 Today is the day that sequestration sets in. Many had expected the dollar to