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To: Silver Super Bull who wrote (95260)7/1/2008 2:07:40 PM
From: Silver Super BullRespond to of 109988
 
"The SAAR, or seasonally adjusted annual rate, a measurement of sales without regard to seasonal fluctuations, probably fell to 13.2 million cars and light trucks last month, down 16 percent from 15.7 million a year earlier, based on a Bloomberg survey of 30 analysts and economists. That would be the lowest since March 1993."

13.2 million is a poor number historically; what is even more disconcerting is the rate of decline, especially the last few months. Certainly something to keep a very close eye on going forward...


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