Friday 3 July 2015

Jobs Thursday - BFD...................from Rico

The NFP report is being released today (Thursday) because of the three-day 4th weekend.
 
Yesterday saw the usual heavy-handed games being played on the CRIMEX, and no less can be expected today as we see in the Gold and Silver charts from this morning.
 
Greece? Puerto Rico? Fuggedaboudid....today is Non Farm Payroll day and the financial media myrmidons MUST make the Junta look good!
- Corruptio Optimi Pessima
 
Gee, wow. Just look at the Dow and S&P futures. All must be well, right?
 
Yeah. Moar bread and circus, please.
 
Of course, if you do not own any equities because you're employed in one of the top four US employment sectors (that pays $10/hr or less, btw) you may be less dazzled by the sparkly headlines and react with a BFD. Maybe.
- The 'rigged' markets have taken their place alongside EBT and other entitlements in the three-ring-circus of 'media' that is meant to distract....er, entertain, but not inform the crowds.



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