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313k Jobs Added? Nice Try But It’s Fake News

by irdadmin | Mar 9, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The census bureau does the data-gathering and the Bureau of Labor Statistics feeds the questionable data sample through its statistical sausage grinder and spits out some type of grotesque scatological substance. You know an economic report is pure absurdity when the...

More B.S. From The BLS Leads To A Blatant Attack On Gold & Silver

by irdadmin | Aug 4, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

With the release of the latest BLSBS at 8:30am EST, the market interventionists were set up for a spectacular effort today. The S&P was first out of the gate, to the upside of course, and the precious metals were slammed. Ironically, the impulse triggered by the...

Non-Farm Payroll Propaganda – Aka Fake News

by irdadmin | Jul 7, 2017 | Financial Markets, Market Manipulation, U.S. Economy

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it.” Joseph Goebbels I dislike giving the employment report any acknowledgment because the report is constructed for the purposes of political expedience. But I...

BLS B.S.: 93% Of New Jobs Since 2008 Were Birth/Death Model Estimates

by irdadmin | Jun 3, 2017 | Financial Markets, Market Manipulation, U.S. Economy

A research report from Morningside Hill Capital sourced from Zerohedge shows that 93% of the jobs “created” since 2008 were Birth/Death model estimates.  While some portion of those jobs were no doubt legitimately created, the issue is over-estimation of...
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