GOLD 0.51% $1,391.7 gold futures

Capable standing on its feet AND APPARENTLY SOONER THAN WHAT YOU...

  1. 5,237 Posts.
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    Capable standing on its feet AND APPARENTLY SOONER THAN WHAT YOU THINK.

    "WOW?"

    Through a pickup in consumer spending and investment.

    “Hiring has been remarkably stable for the most part and there’s no reason to suspect that won’t continue,” said Brian Jones, a senior U.S. economist at Societe Generale in New York. “Economic growth is going to accelerate in the second half. Everybody is penciling in a tapering by the Fed in September.”

    Everybody is penciling in a tapering by Fed except, of course, the goldbugs, the inventors of fable-economics.

    http://www.businessweek.com/news/2013-07-28/growing-payrolls-probably-cut-unemployment-u-dot-s-dot-economy-preview

 
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