Economy News for Wed 2 May 2012

[Cheryl Nelson]

Smart Money Banking Big On Gold & Silver To Soar

http://etfdailynews.com/2012/05/01/smart-money-banking-big-on-gold-silver-prices-to-soar-gld-slv-iau-agq-zsl-sgol/

95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs

http://theeconomiccollapseblog.com/archives/95-percent-of-the-jobs-lost-during-the-recession-were-middle-class-jobs

Stocks, Euro Fall On Employment Concerns

http://www.bloomberg.com/news/2012-05-02/asian-stocks-advance-after-u-s-china-manufacturing-yen-falls.html

Payroll Survey Signals US Jobs Slowing As Orders Drop

http://www.bloomberg.com/news/2012-05-02/adp-says-u-s-companies-added-119-000-workers-in-april.html

Euro-area Unemployment At 15-year High As Slump Deepens

http://www.bloomberg.com/news/2012-05-02/euro-region-manufacturing-contracted-for-ninth-month-in-april.html

Dow, S&P Fall As Private-sector Hiring Spurs Worries

http://finance.yahoo.com/news/dow-hits-four-high-lifted-015112033.html;_ylt=AoQ4qx_FrVy0gLKCVLYFGWiiuYdG;_ylu=X3oDMTQza3ZtNnZvBG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwNjYTc4M2FiYy04OTY2LTM3MzQtYmU0OC01NzkyYzg5OTVhMzEEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDZGZjMWU1MTAtOTRhMC0xMWUxLWE5ZDctYjJjNzJmMWUxOWNm;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Private-sector Hiring Slows In April, Stirs Concern

http://finance.yahoo.com/news/private-sector-adds-119-000-122240092.html;_ylt=Ald7zLqz61ZUv5spkzp4kYCiuYdG;_ylu=X3oDMTNyYnBnYWRiBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDZGZhM2FmMzMtZDM3NC0zYzRiLWI4ZTItYTk0YTY1NGQxZmNlBHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyAzA3YjNhMTEwLTk0NzYtMTFlMS1iY2ZlLThkY2QzMDg1YzhkMA--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Gold Falls On Weak Physical Buying, Soft Jobs Data

http://finance.yahoo.com/news/gold-off-two-week-high-004507779.html;_ylt=AloLX7G7ncpNf2crzEHnBTuiuYdG;_ylu=X3oDMTQxZTV1a2JrBG1pdANOZXdzIFRvcGljIDIEcGtnA2NhZjA2NzRkLWQxMTItMzhkZS05YjcyLTA0MjA2NzVkZWMwOARwb3MDNARzZWMDTWVkaWFTZWN0aW9uTGlzdFRlbXAEdmVyAzU1NWFmZDkwLTk0OTUtMTFlMS1iNzdmLWU2YzQxNDkzN2E4Zg--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3