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Silver Wheaton Corp. Message Board

  • quailrunrd quailrunrd Jul 5, 2013 9:07 AM Flag

    195,000 new jobs...where do we go from here?

    Precious metals crushed lower, U.S. dollar pops higher, and ten year bond interest rate streaks higher to 2.67%. Rising dollar usually equates to rising imports and less exports...not good for GDP. Real estate market to take some blows on rising mortgage rates. Oil climbs higher mostly on fears of Egyptian turmoil. Rising gasoline prices to follow. Underemployment rate explodes higher from 13.8% to 14.3%...so even though we have more jobs, we actually have less "good" jobs.

    Something tells me that everything is not smelling like roses out there. But today, SLW will suffer even though price of silver seems to be sinking below production costs...again. GLTA

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19.92-1.49(-6.96%)Nov 28 1:02 PMEST

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