05 July 2013

NAV Premiums of Certain Precious Metal Trusts and Funds

I suggested that the metals would be hit with a bear raid today, and so they were.

The Jobs number was a bit hollow, as noted in the blog entry below this.

There will be no sustained recovery until most workers can reasonably maintain a livable wage with healthcare benefits.

And the Fed and the government will continue to support a broken system that sustains and rewards them, because that is in their own short term, selfish interests. That is the credibility trap.