John Williams....
....runs an excellent site. I have spoken with him on occasion and we pretty much agree on most topics. I tend to use the U6 Un-and-Under number, whereas he reaches a higher level of unemployment in a different way. But not big deal. I continue to hammer the crew that with paper gold taking it on the chin, it is important to not lose focus and make scores where you can (tech is good right now) and take at least some of those winnings and buy physical gold and silver. When it comes to yesterday's measly $10 billion taper, the question must be...why? Especially when less than 24 hours later the jobless claims number comes out and it is way higher than expected...and by the way, last week's have been revised to the upside. Housing buy's are down as are mortgage applications. On the automotive front there is an ALL TIME glut of unsold new 2013 cars out there. Not that I agree with the taper, but was not the original plan to provide more jobs and stabilize prices? Yea, I know...the real plan was to shore up the banks, but that's another story.