by irdadmin | May 6, 2016 | Financial Markets, U.S. Economy
The Government’s “non-farm payroll” report – aka “the employment situation” – reported an alleged 160k jobs added to the economy in April. I am loathe to even discuss this fairy-tale report out of disdain for ascribing any...
by irdadmin | Apr 1, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The monthly non-farm payroll report has become a fraud of epic proportions. The Government is claiming that 215k new jobs were created in March. In the goods producing category it claims that 37k jobs were created in construction. But there’s a problem with...
by irdadmin | Mar 10, 2016 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
Using the “jobless claims” metric, the financial media and snake oil salesmen would have us believe that the Government-compiled jobs market metrics indicate “sustained strength in the labor market that should further dispel fears of a...
by irdadmin | Mar 4, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Government’s non-farm payroll report announced the creation of 242,000 news jobs in February. When the numbers hit the newswires, the Fed trading algos triggered a 12 point spike up in the S&P 500 futures and a $14 cliff dive in Comex gold futures. The...
