Guest yobob1 Posted April 29, 2004 Report Share Posted April 29, 2004 Placekeeper Link to comment Share on other sites More sharing options...
Hiding Bear Posted April 29, 2004 Report Share Posted April 29, 2004 Well it's another Thursday, seems like just yesterday was the Thursday before! Despite my prior prognostications, look for today's GDP figures to show strong growth. The statistic makers in Washington had to scamble to get out the March PPI report in time to flow those "good' numbers into the GDP report. Less inflation, higher GDP. Men not at work: Economic Scene By ALAN B. KRUEGER Published: April 29, 2004 A growing number of men in their prime working years are pursuing what might be called the Kramer lifestyle, after the enigmatic "Seinfeld" character: neither working nor attending school. In 1967, 2.2 percent of noninstitutionalized men age 25 to 54 spent the entire year without working for pay or attending school. That figure climbed to 8 percent in 2002, the latest year available from the Bureau of Labor Statistics. This trend is partly related to the rising disability rolls. More than half of male nonworkers reported themselves as sick or disabled. But the number of long-term jobless men who were able-bodied - a diverse group including young retirees, men who cannot find work, and family care providers - grew at a faster rate than the number who were disabled over the last 35 years. The problem is much more severe for some groups than others. Nearly one in five men age 25 to 54 with less than a high school degree did not work even one week in 2002. The nonworking rate for college graduates was only 3.3 percent. In central cities, 10.8 percent of men spent the year without work, compared with 7.1 percent elsewhere. Joblessness is persistent over time, so it ends up being highly concentrated among a small cadre of men who frequently spend long stretches without work. Just 3 percent of men accounted for more than two-thirds of the total number of years that men spent not working in the period from 1987 to 1997, according to an analysis by Jay Stewart, an economist at the Bureau of Labor Statistics. Long-term joblessness among mature men has become a much more important phenomenon than unemployment. Many jobless men do not actively search for work, so they are not counted as unemployed. Yet they still represent a significant loss of productive human resources for the economy. http://www.nytimes.com/2004/04/29/business/29scene.html Link to comment Share on other sites More sharing options...
Guest yobob1 Posted April 29, 2004 Report Share Posted April 29, 2004 Regarding whomever impuned my integrity on the homeless RFID program stating they did a google search and found nothing - well you don't google very well. Try this:Homeless RFID google results Though the Radio Frequency Identification (RFID) tags set to be tested and surgically implanted below the skin by the U.S. Department of Health and Human Services in the homeless populations of New York, San Francisco, Washington DC and Bethlehem, Pennsylvania are not being used to insure killing as those in Logan's Run, they do turn the most vulnerable people in America into cattle, tagged and monitored like animals. Mandatory, compulsory and not a choice, the RFID tags are miniature radio transmitters the size of a matchstick inserted under the skin that enable police and government social programs to track and document the movements of homeless people electronically. Positioned as "A rare opportunity to use advanced technology to meet society's dual objectives of better serving our homeless population while making our cities safer," by HRSA Administrator Betty James Duke, some may consider this government newspeak designed to quell the general population investigation into the fact that this is a clear violation of our Fourth Amendment right to be secure in our person. It brings up issues in the Fifth Amendment by depriving the homeless of the only thing they have, freedom and liberty. It allows the government to use private property, the body of each homeless person, for public use. TOP Logan's Run 2004 Moving on, did anyone note that the general market weakness is being blamed on doubts about China's growth rate going forward? Look at the commods. A little blurb stated China cancelled soy bean orders with Brazil also. A lot of weakness popping up And yes this AM silver is headed for 5.50 as predicted. Anything below that is a gift from the gods for those wishing to buy the real thing - which at this point is all I would consider buying. You can play the miners for a bounce but be beary, beary careful as the downside could get nasty in a liquidity crisis. Remember when the SELL cry goes out they sell what they CAN sell or to put it another way anything they can get a bid on. Core holdings purchased long ago are likely fine but you may be in for a bumpy ride. The good ones will have their day when it's time. Also noted Newmont reported increased costs affecting profit. I think if that's properly translated, what it really means is when gold was at $270 they had to run their best ore through to show any profit or stay afloat. Considering how many years gold languished they ran a lot of their best ore. That means they are now running a lot more rock through to get the same amount of gold. I think you'll find most of the miners in that same position. I think this has longer term implications on the total amount of gold produced going forward. Someone also lamented, when in the hell are we going to make any money on this stuff (Precious metals). Sorry you missed the point altogether. They don't make you money, they are the only time tested real money that is not someone elses's debt. Ok how about another cup of coffee? Link to comment Share on other sites More sharing options...
Guest yobob1 Posted April 29, 2004 Report Share Posted April 29, 2004 No problemo HB Link to comment Share on other sites More sharing options...
Guest yobob1 Posted April 29, 2004 Report Share Posted April 29, 2004 3 am boner failure. Viagra not working anymore. Medic! Get me an implant stat! Uncle Bucky looking pretty perky. Need those bucks to pay off those dollar denominated gambling bets gone bad. Regarding the unquestioned ballooning of "money supply" and the obvious implication of inflation. This isn't post WWI Germany where money was actually printed. Today it's point and click. Point and click - create. Point and click - erase. We've had a hundred years of inflation - deflation will follow like night follows day. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted April 29, 2004 Report Share Posted April 29, 2004 10 year just went through 4.5% like butter They have totally lost control of the bond LOB Link to comment Share on other sites More sharing options...
DrStool Posted April 29, 2004 Report Share Posted April 29, 2004 Post Mortem Can The Corpse Be Revivified Your Golden Stool, including short and long term updated charts and price targets, is loaded. Even if you are not a goldbug, you should check out the Golden Stool. It's in your Anals daily. Take a subscribatory and download the Golden Stool RIGHT NOW! 30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW! Open your Goldmoney account today. I did! Goldmoney, a better way to buy gold. Goldmoney is an official sponsor of your Stool Pigeons Wire message boards. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted April 29, 2004 Report Share Posted April 29, 2004 2 and 5 year yields closed at 21 MONTH HIGHS YESTERDAY HELLO gdp lower then expected 4.2% really thought they would make a bigger attempt to rescue debt getting very interesting somethin gotta give Link to comment Share on other sites More sharing options...
Lock Limit Down Posted April 29, 2004 Report Share Posted April 29, 2004 Spoke to soon Bond rescue alert From 4.634 to 4.416 in the blink of an eye WOW Unbelievable action and has all the symptoms of full blown matrix style rescue BIG BIG MOVES!!! Link to comment Share on other sites More sharing options...
Guest Posted April 29, 2004 Report Share Posted April 29, 2004 "BAGHDAD (Reuters) - Nine U.S. soldiers were killed in attacks around Baghdad Thursday, eight of them when a car bomb exploded just south of the capital." "The deaths took to 533 the number of U.S. soldiers killed in action since U.S.-led forces invaded Iraq 13 months ago. About 125 of them have been killed in April, the bloodiest month for U.S. forces in Iraq since the invasion." The madness of the bushman, Cheney, Rummy and the rest of the neocons continues. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted April 29, 2004 Report Share Posted April 29, 2004 The 10 year bond is trading like a penny stock with huge moves both ways STUNNING ACTION Link to comment Share on other sites More sharing options...
Lock Limit Down Posted April 29, 2004 Report Share Posted April 29, 2004 Losing control 10 year yield Link to comment Share on other sites More sharing options...
twignberries Posted April 29, 2004 Report Share Posted April 29, 2004 Yesterday, I bought a gold futures contract at 385.3 after the drop and put in a stop at 382. Then, at about 8:20 last night, the contract sells for 376. What's up with that? It has yet to trade at that price - why did my contract sell so low? Can anything be done? Surely, the The Matrix doesn't need my $400 that badly. Would they just straight up steal it? Damn, I need to take a break from this shite. Link to comment Share on other sites More sharing options...
twignberries Posted April 29, 2004 Report Share Posted April 29, 2004 This is too good. I just got off the phone with my broker, and they tell me that the trade was inline - which is lucky for me, since if it was an error, the CBOT would have fined me $1200. WTF is going on?!? Unbelievable! If you dare to question them, they fine you for it. That's the last time I trade anything on the CBOT. Bastards. Link to comment Share on other sites More sharing options...
Guest Posted April 29, 2004 Report Share Posted April 29, 2004 Europe looking seriously bearish, Footsie -0.4% and accelerating, DAX -1.6% and CAC -1.1%... Link to comment Share on other sites More sharing options...
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