Friday, July 8, 2011

Abysmal

The jobs report this morning was an unexpected disaster. Only 18,000 jobs were added last month. This paves the way for a QE3 announcement within 90 days. Things are getting dicey. Euro gold is 5 euros away from an alltime high. Pound gold only three pounds away. Either euro or dollar gold hit new highs next week or everything gets crushed, including the stock market.  Friends protect yourselves

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