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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...

Another Fraudulent Jobs Report

by irdadmin | May 5, 2017 | Financial Markets, Market Manipulation, U.S. Economy

“Willing suspension of disbelief” is defined as a willingness to suspend one’s critical faculties and believe the unbelievable; sacrifice of realism and logic for the sake of enjoyment.  First off, I want to state upfront that there’s nothing...

A Preposterous Jobs Report And Preposterous AMZN Earnings

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

On a trailing twelve month quarterly basis, AMZN’s operating income growth has plunged from 30.2% in Q2 2015 to just 3.6% in Q4 2016.  This is a stunning drop in growth considering that AMZN’s stock is trading at 92x operating income and 134x net income....
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