Loading ...Gold was climbing nice and steady and tptb knew it would have broken thru $2,000/oz by today if they didn’t throw that phony jobs number stumbling block in front of it.
It was a real neat trick. Instead of using a bigger rate hike, that would hurt the economy, collateral damage like during the ‘70s, so they wheeled out a crazy high jobs number instead. That’s ok let them knock themselves out.
And they have a lot of nerve suggesting higher wages causing inflation. Wages just try to keep up with inflation.
Re The 515,000 New Jobs Report? Watch It Get Revised.
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