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Yamana Gold, Inc. Message Board

  • djasking djasking Mar 9, 2013 11:30 AM Flag

    Quite the reversal friday

    Don't think anyone expected that on the back of a solid jobs number, except maybe me:) Like I said the other day, I think we win either way. The risk on trades impact on gold is overdone, and fear that the fed will pull the plug are CRAZY. The fed will not pull out until we are some 18 months in to solid growth, and have straight up said they can live with a higher inflation target that we are currently not even close to...

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    • You are correct the fed won't pull the plug. However, the jobs number was a total farce. It contained 102,000 new jobs which were actually people getting two part time min. wage jobs. It also had 270k people falling off the rolls. In other words unemployment benefits are gone for those so they don't count as unemployed. Orwell would have a field day with this. The chocolate rations were increased, HAHA.

 
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