HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Employment stats U.S.

Employment stats U.S.

posted on Apr 03, 2008 06:38AM

WASHINGTON (Reuters) - The number of U.S. workers applying for unemployment benefits soared by 38,000 last week, posting the highest reading since September 2005 and reinforcing fears that the U.S. economy has stalled, government data on Thursday showed.

 

http://www.reuters.com/article/ousiv/idUSN0238149020080403

Seems to explain why everything has suddenly slowed down, precious metals took a bit of a hit as U.S. tries to do damage control.

That's one of the reasons I feel so good about owning NOT: it'll do well if the overall economy is booming, it'll do well in a sideways market, and in a recession and devalued U.S. dollar, where else to put your capital but precious metals?

JMHO

Share
New Message
Please login to post a reply