Prices for new cars sky-rocketed over 30 years (or did they?)
While the 2010 Buick Regal is certainly a better car than the 1980 Regal, is it really $17,160 better?
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Silver Looking To Spring To Life With This Week’s Inflation Data, Cartel Looking For Weed Killer
Knock knock. Who’s there? Seasonal Allergies. Seasonal Allergies who? Ha-ha just kidding, it’s Covid-19, that’s who!
Continue readingStagflate, Tax & Lie About Economic Data: US Dept Of Labor Changes Jobless Claims Methodology
One of the main components of stagflate, tax and lie is that the government lies about and changes economic data…
Continue readingMichael Ballanger: Silver Price Recovery Rally This Week, No Major Upside Until 2020
If, however, two very specific “lines in the sand” don’t hold, then it’s bombs away to $15…
Continue readingMichael Ballanger: Price Take-downs Rejected, Gold & Silver Weekly Charts Registering Break-Outs
Rather than ranting and raving about conditions over which we have no control, Michael takes a fruitful approach this week…
Continue reading4,500 US Truckers Lose Their Jobs In August Amid Freight Recession
Layoffs in the trucking industry are increasing. Here are the details…
Continue readingGold And The Cracks In The U.S., Japan And Germany’s Economic Data
Talk about a synchronized world – all three economic superpowers are in a recession! Will the gold market warm up to this news?
Continue readingMore Fake Happy News About Jobs
What we are seeing is not more people employed, but more multiple job holders. Here are more problems with the latest Jobs Report…
Continue readingDo We Have Price Inflation or Price Deflation?
It really depends on what you buy, and while the overall inflation rate tends to suggest that inflation is around 2.65%, many people don’t believe it…
Continue readingHow Can The Govt Say A $33,560 New Car Today Costs The Same As A $19,214 New Car In 1997?
Hedonic adjustments let the government say there’s no inflation when in fact high levels of price inflation are all around us…
Continue readingLouis Cammarosano: Pissing Off The U.S. By Acting Like A Gold Broker MAKES NO SENSE
Here’s a timely update about the coming global economic implosion. So far 2017 has been more of the same, but that could abruptly change…
Continue readingGold & Silver Price SURGE After CPI & Retail Sales Data
Sharp spike in the precious metals along with a sharp drop in the US dollar. CPI & Retail sales data just released. Here’s the latest…
Continue readingGold & Silver Nearly Break-Out Overnight BUT Cartel Brings The Smash Pre-Market
9,000 gold contracts dumped from 8:30 to 8:35 on PPI data release. Massive hypocrisy in the data. But like yesterday, these dips are bought. Here’s why…
Continue readingBLS: Not Only Did Hurricanes Affect Employment – They Affected Data Collection
Not Monday humor. We didn’t know the BLS collected anything, let alone data. However, Everything will soon get back to awesome…
Continue readingGold and Silver Crushed On BLS – Numbers GOOSED For Hillary?
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With Gold and Silver Prices Hammered Below Critical Support at $1350 and $20 Friday, We Dissect the Big Moves For You, Discussing: Gold and Silver Prices SMASHED On Friday’s Huge Job […]
Continue readingThere’s No BS Like The BLS
The labor force participation rate continues to decline into oblivion…
Continue readingThe Birth-Death Model Plug Theory Predicts New All-Time SPX High Friday
The first Friday of the month means it’s the Government’s Bureau of Labor Statistics turn to dazzle us with a statistical magic show. After all, THERE’S NO B.S. LIKE THE BLS.
Continue readingThe U.S. Economy: “Escape Velocity” To The Downside
The Bureau of Economic Analysis reported that Q1 GDP came in at a .2% annualized rate of growth. The underlying numbers are far worse, however. But first, here’s an example of […]
Continue readingNon-Farm Payroll Headlines Are A Complete Fraud
“A lie told often enough becomes truth” – Vladimir Lenin. The Government-programmed mass financial media gleefully reported this morning that the “jobs recovery” continues as the Government is telling us […]
Continue readingAlasdair Macleod on BLSBS: Caveat Emptor!
Even according to the BLS numbers 102 million adults deemed not in the labor force or officially unemployed. Then there are those who are only partially employed, but counted by the […]
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