As The Markets Begin To Crack, Investors Need To See These Two Charts…” WAKE UP AMERICANS…. You’re Invested In Soon To Be Worthless Paper Assets”
By: Steve St. Angelo, SRSrocco Report
GoldSeek.com
Sunday, 5 June 2016
A SERIOUS CRACK appeared in the markets today. This was due to the lousy payroll report of only 38,000 new jobs for May. The market expected 160,000 new jobs, but it turned out to be more than four times less… LOL. This is the worst jobs report since 2010.
Moreover, the jobs that we have been adding to the market for the past several years were mostly low paying service jobs like bartenders, waitresses, Walmart greeters and etc. So, with all the massive amount of monetary injections and zero interest rates, the best we could do was prop up the service economy for a few years.
This extremely bearish payroll report caused the Dollar Index to fall 140 basis points, the markets to sell off, and gold and silver to surge higher. I believe this is the first CRACK of a series of cracks that will cause severe problems for the economic and financial markets going forward.
WAKE UP AMERICANS…. You’re Invested In Soon To Be Worthless Paper Assets
The overwhelming majority of Americans are invested in the broader markets in one way or another. I imagine we all in the precious metals community have plenty of stories to tell in which we have tried to convince some of our family members, relatives or friends to get out of paper assets and into physical gold and silver. I gather the success rate in SAVING ONE OF THE POOR SOULS from certain economic death is about 1 in 20…. if that high.
So, all we can do is sit back and watch the fireworks when they finally arrive. Of course, it will be one hell of a HORROR SHOW. Unfortunately, this won’t be a scary movie you can just walk out of when it’s finished… it will go on and on for years destroying the lives of millions. This is very sad indeed.
The Rest…HERE
