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Silver Wheaton Corp. Message Board

  • yourdeadmeat69 yourdeadmeat69 Mar 28, 2013 11:47 AM Flag

    1-5 April 2013 Economic Calendar; Cypress Slides, Italy Awaits, But US is Great

    Until the electronic run on Cypress banks is revealed, we've really no picture #$%$ is happening there really. Italy in the toilet Thursday, the swirling flushed waters of Euro sludge remain, but like a kid with ADD, we leap from headline to headline ignoring last weeks pop in unemployment and countless coll grads underemployed in Walmart nation. So be it. You don't argue with the herd. Predicting the bull run? Look at history.

    History says another 20 percent, and silver and gold are not the places to be.

    I hold my core position in silver with options sold against. Eventually that may make some money but, not yet, not yet.

    Auto sales and construction spending rule the roost, but auto is the new house buy, and new construction should be flat to down. Will anybody care?

    Now that is the question.
    Date Time (ET) Statistic For Actual Briefing Forecast Market Expects Prior Revised From
    Apr 1 10:00 AM ISM Index Mar - 54.5 NA 54.2 -
    Apr 1 10:00 AM Construction Spending Feb - 0.4% NA -2.1% -
    Apr 2 10:00 AM Factory Orders Feb - NA NA -2.0% -
    Apr 2 2:00 PM Auto Sales Mar - NA NA 5.5M -
    Apr 2 2:00 PM Truck Sales Mar - NA NA 6.7M -
    Apr 3 7:00 AM MBA Mortgage Index 03/30 - NA NA NA -
    Apr 3 8:15 AM ADP Employment Change Mar - 200K NA 198K -
    Apr 3 10:00 AM ISM Services Mar - 55.0 NA 56.0 -
    Apr 3 10:30 AM Crude Inventories 03/30 - NA NA NA -
    Apr 4 7:30 AM Challenger Job Cuts Mar - NA NA 7.0% -
    Apr 4 8:30 AM Initial Claims 03/30 - 340K NA NA -
    Apr 4 8:30 AM Continuing Claims 03/23 - 3050K NA NA -
    Apr 4 10:30 AM Natural Gas Inventories 03/30 - NA NA NA -
    Apr 5 8:30 AM Nonfarm Payrolls Mar - 185K NA 236K -
    Apr 5 8:30 AM Nonfarm Private Payrolls Mar - 210K NA 246K -
    Apr 5 8:30 AM Unemployment Rate Mar - 7.8% NA 7.7% -
    Apr 5 8:30 AM Hourly Earnings Mar - 0.2% NA 0.2% -
    Apr 5 8:30 AM Average Workweek Mar - 34.5 NA 34.5 -
    Apr 5 8:30 AM Trade Balance Feb - -$46.0B NA -$44.4B -
    Apr 5 3:00 PM Consumer Credit Feb - $12.0B NA $16.2B

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