Fear of recession rise on economic data

The economy is falling into a recession as we have predicted. Weak figures and job cuts point to further drops in the dow as we sink further into the sand. Our president does continue to say that we can avoid a recession but the steep downturn cannot be avoided. The dismal employment report points to a general slowdown in economic activity. As more investors shirt their holdings away from the stock market and into precious metals we will see the rise in gold continue as well as a drop in the dollar.