Replies to post #354239 on Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

gold initially got a $2 pop on the jobs report. then it reveresed and dropped $4 from there. we cant have POG going up. da manipulation in gold makes that of the ndx look mild
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G'moning Steve,
Yeah.... while the USD fell 40 pts! The 'riggers are busy this morning!



Not to worry, however, Sir Greenie says things will get better...

From CBS Marketwatch...

8:45am 02/04/05 GREENSPAN: NO HISTORICAL PRECEDENT FOR TRADE FLOWS
8:45am 02/04/05 GREENSPAN: U.S. ECONOMY CAN HANDLE TRADE ADJUSTMENT
8:45am 02/04/05 GREENSPAN SAYS U.S. CURRENT ACCOUNT CAN'T WIDEN FOREVER 8:45am 02/04/05 GREENSPAN SEES MORE SUPPORT OF FISCAL RESTRAINT IN U.S.
8:45am 02/04/05 GREENSPAN: CURRENT ACCOUNT DEFICIT MAY FALL IN LONG RUN
8:45am 02/04/05 GREENSPAN SEES U.S. CURRENT ACCOUNT DEFICIT STABILIZING

http://www2.marketwatch.com/news/newsfinder/default.asp?refresh=on&doctype=-2&scid=0&sit....