Friday, the Fed's released the 'official' unemployment rate, which hit a new high of 10.2%. The 'real' unemployment rate, when all the fluff is taken out, shows 17.5%. Normally an unemployment report as negative as that would have left a great smoking hole where the Dow-Jones Industrial Average used to be, but in these days of managed markets, no one should be surprised that the Dow finished in positive territory... if only by a hair.
Ed Steer's Gold & Silver Daily


FDIC Closes 5 More Banks - Bank stock no longer the investment of widows and orphans.