Gold and What Moves it.
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Japan Gold becomes more expensive on weak yen

Japan Gold becomes more expensive on weak yen | Gold and What Moves it. | Scoop.it
Analysts said yen's retreat against the dollar has made the metal more expensive for buyers in Japan while global benchmark prices of gold in dollars are little changed this year.

 

TOKYO(BullionStreet): Japan continued to slash yen's value against the dollar which hiked gold prices to new highs in the Nippon nation.

 

According to major gold dealers in Tokyo, some gold holders may be preparing to cash out of some bullion due to the situation.

 

Japanese gold prices jumped 4.2% since the start of the year and about 10% since late November after authorities sparked a slide in the yen by pushing for further monetary easing to boost the sluggish economy. ...

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Charles Hugh Smith: Why Employment Is Dead in the Water

Charles Hugh Smith: Why Employment Is Dead in the Water | Gold and What Moves it. | Scoop.it

Employment is dead in the water because opportunities for organic expansion are few and the cost basis of doing business in the U.S. keeps rising.


Let's start by reviewing the basics of employment in the U.S. Courtesy of the St. Louis Federal Reserve, here is the non-institutional civilian population of the U.S. (Note that the Civilian Non-institutional Population With No Disability, 16 years and over (LNU00074593)--roughly speaking, the workforce of the nation-- is 215 million).
Here is the percentage of the population with some kind of job: note this could be self-employment that earns $1,000 a year or a job with 4 hours a week; recall that 38 million American workers earn less than $10,000 per year, 50 million earn less that $15,000 a year and 61 million earn less than $20,000 annually. All these numbers are drawn directly from Social Security Administration payroll data. ...
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