GOLD 0.51% $1,391.7 gold futures

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    The US economy must be in a massive hole aye Skol,
    ===================


    In a massive hole? You've been reading Peter Schiff's diatribes again, I've told you before about that. The USA has the lowest unemployment since 1969, 50 years....and....

    ***** News

    :(***** News) - Gold prices remained under pressure, but are seeing little movement after a Commerce Department report showing that U.S. housing starts rose by 12.3% to a seasonally adjusted annual rate of 1.36 million units last month.
    Consensus forecasts compiled by most news organizations called for starts to be around 1.25 million to 1.26 million units. The July tally was revised to 1.215 million units.
    Meanwhile, the Commerce Department said the tally of building permits – important as an indicator of future construction activity – rose by 7.7% last month to an annualized rate of 1.42 million. Economists were expecting to see a reading around 1.31 million.


 
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