Looking for Epic Signs? Enter Silver

In yesterday’s alert we wrote that the reversal in the precious metals market should once again not be taken at its face value and that one should not overreact based on it as the size of the potential rally was limited. Well, it turned out that “limited rally” was an euphemism for a decline. Gold, silver and mining stocks declined once again despite the previous day’s reversal and gold stocks confirmed the breakdown below the key support line. The implications are strongly bearish. However, there’s something ever more bearish and much more profound.

Read more: http://tinyurl.com/l6wzajl

Annual review of the labour market, 2016

The article “Annual review of the labour market, 2016”, released today in the Labour Statistics: Research Papers series, provides an analysis of current labour market trends using a combination of major indicators from the Labour Force Survey; the Survey of Employment, Payrolls and Hours; the Job Vacancy and Wage Survey; and Employment Insurance statistics.

Read more: http://tinyurl.com/m2e7t5g