Comments on: Unemployment Rate Still Stands at 10% http://wallstreetpit.com/13476-unemployment-report-january-8-2010 Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Hal (GT) http://wallstreetpit.com/13476-unemployment-report-january-8-2010#comment-92834 Hal (GT) Fri, 08 Jan 2010 16:37:28 +0000 http://wallstreetpit.com/?p=13476#comment-92834 What continues to be interesting to me on the release of jobs numbers is what happens to the precious metals markets. Again this morning I was watching with the real time free app, ExactPrice ( http://www.learcapital.com/exactprice ), and they spiked when those bad numbers came out. Gold jumped almost $20 dollars. As far as the unemployment rate goes, I have a feeling it’s much higher than 10%. And come Feb 2 when they adjust for the “imagined” job losses of small businesses I think things are going to go crazy. What continues to be interesting to me on the release of jobs numbers is what happens to the precious metals markets. Again this morning I was watching with the real time free app, ExactPrice ( http://www.learcapital.com/exactprice ), and they spiked when those bad numbers came out. Gold jumped almost $20 dollars.

As far as the unemployment rate goes, I have a feeling it’s much higher than 10%. And come Feb 2 when they adjust for the “imagined” job losses of small businesses I think things are going to go crazy.

]]>