Today’s AM fix was USD 1,622.25, EUR 1,284.44, and GBP1,043.58 per ounce.
Yesterday’s AM fix was USD 1,619.00, EUR 1,289.83, and GBP 1,044.65 per ounce.
Silver is trading at $28.80/oz, €22.92/oz and £18.59/oz. Platinum is trading at $1,498.70/oz, palladium at $633.52/oz and rhodium at $1,215/oz.
Gold edged up $5.50 or 0.34% yesterday in New York and closed at $1,624.30/oz. Gold traded sideways in Asia and is remaining in a narrow range holding [...]
Two-and-a-half years of a job-seeker’s ratio above 4-to-1
“August 10, 2011
Today’s Job Openings and Labor Turnover Survey (JOLTS) release from the Bureau of Labor Statistics shows that the ratio of unemployed workers to job openings was 4.5-to-1 in June, an improvement from the revised May ratio of 4.6-to-1, but still extremely high. According to analysis by EPI economist Heidi Shierholz, June marks two-and-a-half years straight that the job seeker’s ratio has [...]
Here come the fiscal aid panhandlers. In an email just sent out by the Derpatment of Labor, Hilda Solia has officially requested an extension of the EUC program which is expiring in November and which will leave 2 million unemployed Americans without insurance benefits after November (and 6 million by the end of next year). Obviously this plea for fiscal heroin will be granted: [...]