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Published on Jul 8, 2012
Nonfarm payroll employment takes center stage as we discuss gold's reaction to the stagnant jobs data which reported 80,000 jobs created, a figure lower than anticipated. In this week's "In the Lead", Nadler takes us through the post-NFP markets and gives us his take. According to Nadler, although the number of U.S. jobs created was lower than expected, the trend continues upward, albeit sluggishly; therefore, so long as this continues, Nadler posits that job creation is indeed "alive and well", and that it argues in disfavor of the FED. Also discussed are the strengthening U.S. dollar, upcoming elections, the Euro, and that buzzword you can't escape: QE3. Kitco News, July 6, 2012. --- Agree? Disagree? Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews