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Labor Dept. Trumps Its Own Numbers

Spin it up, Boys! Spin it up high! The Labor Department should go into the money-laundering business because they own the fastest-spinning, number-washing machine out there.

Yellow Flag Jobs Data

Loss Exposure | Stiff Drink Time | Crowding Out | The Absurd, Totally Misleading Unemployment Report | Puerto Rico, Montana, Missing Maine, and Changing Life Habits

The Dawn of Gold

Many believe July 2020 was one for the gold history books, but it wasn’t even a top 10 move in gains for gold historically. In fact, last month’s big move in gold to all-time U.S. Dollar highs was the 23rd best spot monthly return. Let that sink in.

US Dollar Devalues by 99% vs Gold in 100 Years—Gold Price Crosses $2,067

The spot gold price crossed $2,067 dollars per troy ounce today, another all-time high. Since the 1930s the U.S. dollar has lost 99% of its value against gold.

Has the Fed Let the Inflation Genie Out of the Bottle?

The dramatic ascent of precious metals markets this summer reflects what could be just the start of a longer-term decline and fall in the Federal Reserve Note's value and status.

No “V.”

Though there is clearly no “V” in the economy, there has been a “V” in stocks (though it appears to be starting to sputter out); but how does this rocket rally compare to famous “bear-market rallies” that plunged even lower in the end..

Real Rates Push Gold Higher

We've been writing about this for months, but with so many generalists still pushing the opinion that gold only moves as an inverse to the U.S. dollar, it's time to write about it again.

Switzerland Gold Savings Rate 12%

The Swiss population owns 920 tonnes in private gold, next to 1,040 tonnes in official gold reserves. In total, Switzerland likely has the highest amount of gold per capita in the world.

The Storm Clouds are Gathering

Could the Fed override it all and keep the markets heading ever skywards by pumping more and more? – maybe – but as I’ve pointed out here they may not want to..

How Long Can Fed Cancel Gravity?

Judging from the headlines, one might infer that most of these pandering fools actually believe that Fed alchemy is an actual example of free lunch and that the bull market will continue indefinitely.

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