Reply to Thread

Message:: [QUOTE="Paddy54, post: 753568, member: 19250"]:thumb: :thumb: Dave I could not agree more! Today the girl who cut's my hair told me of her daughter who is in Law school and the worries she has for her finding a job after graduation. I remember back in the mid 70's I was finishing up college my self...there were no jobs! I had friend who had Master degree's who were working in gas stations pumping gas for minimum wage! I was lucky working in the food industry at a union wage. Things did change but it took time..... it was no over night change. I believe todays drop in gold was just one small speed bump! I do believe it will continue to go up.....just because there were only 11000. jobs lost the passed month does not lead us out of the deep hole we are in. over the last 8 years we have been like Gypsies in the palace! Until Big Money feels the water is safe.... they are going to continue to test the waters but not go in over their heads. Last week I was privy to some sales numbers of a company I service. Sales were down from last year by 22% in every dept. and some dept's more! Now I'm talking about a food store durring a holiday week. Until the working class finds some kind of confort in this ecomony and begins to spend, this mess is going to continue. PM's are going to keep on a steady climb upwards, hitting a few bumps until the working class finds its confort zone. The confort zone is JOBS![/QUOTE]