Commodity Trade Mantra

Posts Tagged ‘Employment Data’

Silver Prices Expected to Slide Further - But Won't Stay There for Long

Silver could be setting up for another near-term slip prior to resuming its long-term bullish trend as this week progresses. In the absence of any significant shortcomings in the US data, silver prices should have some substantial downside potential in the coming weeks. The long-term bias remains bullish so don’t expect to see the metal stray far below the 17.849 mark.

Latest Jobs Data Confirms This Is The Worst Expansion in 30 Years

To get a better sense of the jobs situation in context, though, we need to look beyond the headline data & delve more deeply into what the BLS is reporting. When we take discouraged workers & involuntary part timers into account, we’re still experiencing some of the highest unemployment numbers in 20 years. And this is taking changes in the overall labor force size into account.

America’s Hidden Jobless Rate is a Product of This Conspiracy

The jobless numbers are actually part of a much larger mainstream “conspiracy” that goes the heart of the way economies work in 21st century America. There are something like 100 million Americans not working, including older people and young people. That’s a fairly well accepted statistic. These people are not counted in the jobless figures though in fact they may want to work.

All Economic Data Are Lies

The scariest part of it all is that the data most utilized by the Federal Reserve, in determining how many dollars to print out of thin air, are the employment lies & the “twin towers” of inflation understatement; i.e., the CPI and GDP. Lying about the rate of inflation is an activity which comes more naturally to central bankers than breathing.

Russia Buys 18.6 Tonnes Of Gold In June - Currency Wars Intensify

The Russian central bank officially increased its gold holdings by 16.8 tonnes to 1,094.8 tonnes in June, the IMF’s International Financial Statistics report showed. In ounce terms, Russia increased its gold holdings by some 500,000 ounces, to 35.197 million ounces in June from 34.656 million ounces in May.

Employment Is A Reflection Of Economic Activity And Growth

With the system of measuring employment being overly complicated & subject to a wide degree of interpretation & manipulation, it is not surprising that the monthly reports draw such emotional arguments. In reality what we all want to know is whether employment is getting better or worse?

Employment Data Faked For Political Gain

Despite the many possibilities that surround the impact of falsifying the data for political purposes, the reality is that real employment relative to the working age population still remains near historically low levels.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook