Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent

Gold Daily and Silver Weekly Charts - Another Dog that Did Not Bark

IMG Auteur
Publié le 03 juillet 2014
372 mots - Temps de lecture : 0 - 1 minutes
( 3 votes, 5/5 ) , 1 commentaire
Imprimer l'article
  Article Commentaires Commenter Notation Tous les Articles  
0
envoyer
1
commenter
Notre Newsletter...
Rubrique : Fil D'Or

The 'headline numbers' for the Non-Farm Payrolls came in better than expected.

Gold and silver held their places well, and especially silver which is now the lead sled dog for my thinking.

I took a look at them and did not see anything brazenly out of line. Except of course that it is not the number of jobs being added, unless you are some metric toting bureaucrat trying to hit some number as a symbolic victory.

No, it is all about the quality of the jobs, especially the median wage and personal income, as it feeds to the kind of mass organic buying that boosts and sustains aggregate demand.

I noticed that some of the Neo-Keynesians ('neo' in the sense that Keynes would probably throw up at their distortions of his thought in their slavishness obeisance to money printing and government spending of any sort and effect as stimulus) have been launching their flaccid attacks on the evil Austrians.

Now, as you may know, I am certainly no Austrian economist and have quite a bit of respect for Keynes himself if not his acolytes, but the way in which the Neo-Keynesians are rallying around their flag causes me to suspect that things behind the curtain are not going well, and that they are afraid. Not that this makes the Austrians right with their love affair with tough economic love (for others less worthy, especially those of the lower classes as they would define them).

Obviously setting public policy principles top down and then doing things to achieve them directly would be the thing to do, but alas, that all gets lost in the noise and the humbug of modern thinking, especially the thought for pay so prevalent these days amongst the disgraced professions.

July may still prove to be an interesting month, and I suspect that before the year end we will see some pet economic theories in addition to the efficient market hypothesis shot to hell.

For the Yanks, have a pleasant holiday weekend.

And for the rest of the world, please try to carry on.

See you Sunday evening. Remember the poor souls who have none to love or care for them. You may some day find yourself amongst them.




<< Article précedent
Evaluer : Note moyenne :5 (3 votes)
>> Article suivant
Publication de commentaires terminée
  Tous Favoris Mieux Notés  
Good evening , Mr. Jesse . I am a very regular reader of your articles and comments , and I appreciate your presence here very much . Not only because of your deep and precious analyses on the matter of gold and silver markets but especially for the Christian light you are using to establish a real comment on this pretty ugly world . This very kind of "contribution" on and in this subjects i.e. the dirty materiality of the markets (today distorted with all the tools of the devil) commented under the spotlights of Christian faith is an absolute rarity and make your word as quite priceless . I wrote you from time to time here , but , as I don't know if I can receive an answer of anybody here , or where I could receive or read an answer in the "system" for me , I never had the chance even to know if you were responding .... , it is a sad life to write to someone and be unable to know if the person did even answer something or not ....! . In the case your response was "oh f... o.. Fritz !" you should be informed that I never received anything .... because I don't know where responses could be ... if you want to reach me , you can find me under the name "Fritz Maisenbacher" on You Tube . This is the same channel as my three children , but my speciality is classical music , not video games . Adolf Busch , Klemperer , Kathleen Ferrier , Joseph Hassid , Szigeti , Carlos Kleiber , Jaqueline du Pré , "and so on" .... Please excuse my terrible english , and I wish you a good night . Fritz .
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
Top articles
Flux d'Actualités
TOUS
OR
ARGENT
PGM & DIAMANTS
PÉTROLE & GAZ
AUTRES MÉTAUX
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.