Here is a must read article written before the jobless numbers were released but certainly well worth the read. It details the huuey going on with the accounting of jobs in America. Pay close attention the the birth/death model and keep an eye on what happens on February 2.
The article is by John Crudele titled Why the government’s job figures won’t add up.
This morning when the numbers were released it was like someone hit the buy button on precious metals. A trend of late when it comes the release of jobless numbers it would seem.
Gold this morning jumped almost $20. It has since then sold back down. Silver jumped the same but remains stronger, as does Platinum. Track it in real time with the free widget ExactPrice.