Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 693.77

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Jan 13 4:00 PM EST

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Hawkmoon

Mevis

To: Qualified Opinion who wrote (64704)	10/3/2014 2:29:41 PM
From: GROUND ZERO™	2 Recommendations Read Replies (1) of 221759

The velocity of money is a measure of the health of the economy... and right now, the velocity is at about 5 or 5.6, a healthy economy would take it to around 11 or 12, that's more than double where we are today... for gold to begin a legitimate bull rally we would need to see a sustained 12 or 13 or more for the velocity... until then, gold will remain in a bear market...IMHO The so called unemployment rate is a fake, that doesn't include those who quit looking for work, or those who gave up completely... if people are no longer looking for work because they gave up, they're counted as employed in that data, that's very dishonest... this means, if no one at all was working, everyone in the country had no job, but they didn't look for work, then the unemployment rate would be 0%... what really counts is the work participation rate, and that is now at the lowest it has been in more than 40 years... if all those who gave up looking for a job began looking for work again, then the current unemployment rate would be around 14%... GZ

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