It’s Been ALL Bullshit
https://www.zerohedge.com/news/2023-09-05/warning-investors-are-buying-stocks-based-fake-jobs-numbersAs I have been railing in this forum for over a year, ALL of the BLS numbers have been total BS. The deal between the FED and the Administration was to allow Biden to look like his economic policies were working and to provide a false narrative for the FED to support the worthless dollar from shrinking into oblivion. This gave phony support to the narrative that has helped fuel this last gasp manipulation of gold and silver from exploding higher, if the dollar and economy were not made to look stronger than they actually were. Rates never should have gone this high this fast(yes they needed to rise, but slowly and maybe to 3-4% would have been appropriate. That would not have kept the dollar from falling and the metals capped at these levels. The farce is ending and the unwind about to play out.
Nothing new to us.
It has, however, destroyed the middle class and moved the world one step closer to “you will own nothing and be happy”!!