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GOLD – THE ECONOMY

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By Anon

The latest US Non-Farm Payroll report has been released “and the outcome showed 271,000 jobs were created in October 2015, more than expected.

“The US Dollar is gaining strength and assets priced in Dollars are selling off, including Gold.”

“Copper cost $4.50 a pound in 2011, but was half that in September…

“World trade volumes have contracted tangibly since December 2014, according to the Dutch government index, while the value of global trade in primary commodities, which scored 150 on the same index a year ago, now stands at 114…

“Japan just revised its growth projections down, despite being in the middle of a massive money-printing programme.

“The eurozone is stagnant.

“In the US, growth … has faltered…

“In short, this is ‘a world in which debt levels are too high, productivity growth too weak and financial risks too threatening’.”

Apocalypse now

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