by Andrew Hoffman, Miles Franklin:
Just as the Miles Franklin Blog believes it of paramount importance to discuss the single most important variable in today’s “markets” – i.e., the government/Central bank manipulation utilized to mask a collapsing economy, and enrich “1%” at the expense of all others; we feel equally compelled to dissect the cooked economic data utilized to justify said manipulations and propagandize the economic state of the union. Generally speaking, “all economic data are lies.” However, politically speaking; as well as in the eyes of the Federal Reserve, whose “dual mandate” relates to price stability (LOL) and employment maximization, inflation and employment data is particularly fraudulent. Thus, reports like suppressed CPI inflation and goosed NFP employment reports require particularly vigilant scrutiny; especially for the benefit of Precious Metal holders, as publication of these reports have served as Cartel “key attack events” for at least the 13 years I’ve been in the sector.
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