Friday, January 6, 2012

Gold Daily and Silver Weekly Charts - Rounding Errors In the Big Scheme of Things



The markets did a 'pop and flop' on the 'better than expected' payroll numbers. While the number did beat expectations, it was largely due to temporary hiring for Christmas delivery and sales that was not properly deseasonalized.

I did not write something about this, but I do wish to point out something new. The BLS has always rounded the headline number of course, but now they are starting

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