Key Chart Shows Silver At Critical Crossroads

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CCFPress Press Manager United States 1420 Posts	Posted 10/05/2015 12:31 pm Money Metals Exchange - Gold and silver markets enter the week with an opportunity to build on last Friday's strong reversal. The metals had drifted lower through Thursday's close, but they got a big boost Friday after the Labor Department released disappointing jobs numbers. Even though the official unemployment rate held steady at 5.1%, the number of jobs added in September fell short of analyst expectations. Worse, a record 94.6 million Americans of working age now aren't working. Most of these jobless Americans don't get counted as "unemployed" - making the unemployment rate a dubious statistic. It's so obviously unrepresentative of real-world realities that even mainstream financial reporters are catching on. Silver surged more than 5% on Friday to finish the week in positive territory and rallied another 2% on Monday morning. Gold trimmed its earlier losses. The precious metal with the real price momentum right now, though, is palladium - coming in on a four-week winning streak. Read the Entire Article Report this Post to the Staff

Earle42 Bedrock of the Community United States 10034 Posts	Posted 10/05/2015 9:05 pm Its good to see a news article admitting the unemployed numbers have been played with to report them as lower than they have been all along. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halves https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 10/05/2015 11:19 pm Now imagine an MME article entitled "Precious Metal Prices Not Doing Much Of Anything This Month, U.S. Economy Still Puttering Along, Interesting Events Unlikely In Near Future". Report this Post to the Staff
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