Non Farm Payrolls

Is This Why Jobs Crashed

Guess who: “CLAIMS” AND NONFARM PAYROLLS: It’s A Very “Tidy” Correlation Indeed: This wonderful chart, courtesy of TD Securities, shows how almost perfectly jobless claims and non?farm payrolls correlate, and so with “claims” falling as they have, payrolls today could be surprisingly high."

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JP Morgan’s massive silver buying brings to mind the Hunt Brothers' attempt to corner the silver market in the late 1970s. The Texas oil-tycoons tried to corner the silver market by accumulating a massive silver futures position.  Ted Butler has estimated that JP Morgan may currently hold far more than their official figure of 55 million ounces.

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‘BREXIT’ would cause the “most intense period of instability” since WW2 ... Seeks to portray Tory policy as disingenuous and cynically putting economy at risk ... Uncertainty caused would have negative consequences for British economy and sterling

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The stealth phenomenon that is silver stackers or long term store of value buyers of silver coins and bars continues and is seen in the record levels of demand for silver eagles from the U.S. Mint. Silver stackers are those who are more informed about the fundamentals of the silver market and are concerned regarding systemic and monetary risks ...

Too Much Faith Is Being Placed In Untested Theories

We are growing more concerned by the day by the actions of the central banks.  It isn’t just that markets popped and dropped dramatically before and after Draghi’s rate cut, or that any policy seems particularly bad, just that the policies don’t seem to be working great, and are leaving a changed landscape that will need to be corrected, somehow, in the future.  We are quite simply concerned that too much faith is being placed in untested theories that may or may not work, or may or may not even be correct.