Path of least resistance seems to be downward today for most physical commodities. Non-Farm payroll estimates have been revised lower over the past couple days. Significant declines in Registered COMEX Silver warehouse stocks.
Tag Archives: Jobs
Video: Early Update – 2011.03.04
We have seen positive action overnight in equities and modest gains physical commodities. There is continued track of optimism on the economic front with this week’s US numbers pointing towards a recovery, and today’s non-farm payroll numbers expected to show continued improvement in the job market. We are seeing both too much rain and not enough rain influencing the grain markets, but seem more focused on the bullish factors.
