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« Why We Need an Exchange Based CDS Market | Main | Physical Silver Surges To Record 30% Premium Over Spot, In Backwardation »
Saturday
Jan072012

Job Numbers

Jim Sinclair’s Commentary

This is the real story behind today’s job gains report. For additional details see: www.shadowstats.com

 

    Seasonal-Adjustment Problems Spiked Jobs Growth,  Seasonal- Adjustment Revisions Artificially Lowered Unemployment Rates


    December Jobs Reading Remained Well Below Pre-2007 and Pre-2001 Recession Levels


    December Unemployment: 8.5% (U.3), 15.2% (U.6), 22.4% (SGS)


    Money Supply M3 Annual Growth Tops 3.0% for First Time in 28 Months

     

The above is on Jim Sinclair's MineSet

He sums up the situation much better than we can so its well worth the time spent on reading what he has to say. The above link will take to his site and his updates via email are free, so you have nothing to lose by signing up for them.

Regarding www.skoptionstrading.com. Our portfolio has now generated a profit of 374.43% since inception and we hope to keep it going that way in 2012.

 

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