Goldtent TA Paradise

Half the jobs are fake. The other half are government jobs. And there’s been zero new jobs…

1. Chartsmaster says:

   February 8, 2024 - 8:46 am at 8:46 am

   Thanks for this. As you know I have been pounding this drum for about a year. The other half of it as I have also posted about is that the FED isn’t stupid. They know the numbers are BS and are in bed with the administration. Which is why I have stated a few times it isn’t clear whether Powell is part of the Dem/Neocons or something else. If he really was independent he would pushback on the BS numbers and act accordingly. Instead he continues his mantra and is waiting for the system to collapse.

   • Fullgoldcrown says:

     February 8, 2024 - 9:10 am at 9:10 am

     Thanks CM. I am not sure I get your drift tough

     Inflation IS higher than advertised …It peaked at 9% officially and now is 3% officially…BUT it’s really higher as we know

     SO on that basis Powell is a hero. he HAD to raise and raise FAST and now he has to HOLD because they want 2% and that is not assured yet

     So from that standpoint he is doing his Job

     They have a dual mandate . Keep Inflation at 2% and Maximum employment

     So if the Employment numbers are fake…yes that helps him keep rates high…but not necessarily to destroy the Country

     High rates do not Help the Dems get re-elected. They NEED lower rates

     what am I missing

2. Chartsmaster says:

   February 8, 2024 - 9:50 am at 9:50 am

   Not necessarily about getting the Dems reelected. That is already decided. Either the election takes place and isn’t fixed, Trump wins or there is no election or it is fixed like 2020. My point is I think he wants to crash the system. Otherwise he would say UE is much higher people holding multiple part time jobs and we need to cut. The question is does he want to crash the system for socialist control/ CBDC or does he want to crash it because the current one is broken and unfixable and they have a plan to go back to gold with a new revalued $3000 gold price?

   • Fullgoldcrown says:

     February 8, 2024 - 11:18 am at 11:18 am

     OK thats a unique perspective to keep in mind.

     I keep going back and forth on this

     Luongo’s theory Fed vs Davos is another one to consider

     OR The FED is just fighting Inflation is another one ( for the nieve like me 🙂