Comments about ‘Ogden leading Utah recession recovery’
It and Albuquerque have achieved pre-slump output peaks, study says
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What's behind the lead? The odds are that Ogden area has a higher than average wage job than in low income jobs in the rest of the state that has been overtaken by illegal aliens.
The Ogden area has many federal jobs that pay a real income you can live on and not rely on welfare and food stamps. You will probably find that this area has fewer illegals because they can't get federal jobs as a cheap labor force to subvert the needed incomes of american workers in the rest of the state.
Prosperity is only as good as the workers are paid, not counting illegals who are tax burdens and not tax payers. Most areas where federal employment is dominant, pay is better and economy is better.
This country is more interested in government handouts than well paid tax paying and legal workers who are the economic basis. The government hasn't learned this yet, they are stuck on corporate profits as a basis for the economy. Cheap illegal labor boosts corporate profits, but is disastrous to the working economy.
Ogden leading Utah recession recovery they hoard gold & silver.
Technically, the gold market bulls this week have kept a six-week-old uptrend from the early-February lows in place on the daily bar chart. Bulls' next upside technical objective is to produce a close above solid technical resistance at the March high of $1,145.80. Bears' next downside price objective is closing prices below solid technical support at last week's low of $1,097.30. First resistance is seen at Wednesday's high of $1,133.90 and then at $1,140.00. Support is seen at Wednesday's low of $1,121.00 and then at $1,113.00. Wyckoff's Market Rating: 6.5.
May silver futures closed up 16.9 cents at $17.523 an ounce Wednesday. Prices closed nearer the session high and closed at a fresh two-month high close. The key "outside markets" were in a bullish posture for silver again Wednesday, as crude oil prices were higher, U.S. stock indexes higher and the U.S. dollar index was weaker. Silver bulls have the overall near-term technical advantage and have gained fresh upside technical momentum this week.
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