Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Gold Prices
Gold Price
[Most Recent Quotes from]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« Will Deutsche Bank Survive This Wave Of Trouble Or Will It Become The Next Lehman Brothers? | Main | Italy Granted "Extraordinary " €150BN Bank Bailout Program To Prevent "Panic, Run On Deposits" »

Goldilocks jobs report for June would be ‘just right’


Not too hot, not too cold report would soothe markets after Brexit

If there was ever a time for a Goldilocks-style U.S. jobs report, now is it.

Investors and Federal Reserve honchos would like to see a rebound in job creation in June, but after the unsettling U.K. vote to leave the European Union, they’d prefer a employment report that’s not too hot and not too cold.

In other words, just right.

For June, “just right” looks to be around 175,000 to 200,000 new jobs. Such a gain would reflect a marked improvement upon tepid employment gains of 38,000 in May and 123,000 in April. The U.S. added an average of 81,000 jobs a month from March to May, the weakest three-month stretch since 2010.

A just-right jobs report would offer more evidence that the economy has recovered from an early-year swoon, but it would not be so strong as to put more pressure on the Fed to raise U.S. interest rates so soon after the “Brexit” vote.


A poor jobs report this week will increase the talk about QE which will weaken the USD and boost gold and silver

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.





Winners of the GoldDrivers Stock Picking Competition 2007 



 Follow us on TWITTER @goldprices



PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>