It’s not real.
In fact it’s a load of fictious crap.
That said, we of course know why.
To make the economy look good with the commies on their way out – which is of course a lie – because the commies have been running Cloward and Piven Strategy (to collapse the economy) – but need the talking point to try and get elected next time around.
That’s the politization of the data by the commies I was talking about previously. (they are not very smart but are bold as hell)
Anyhow, now we can look forward to surprisingly bad numbers in February (soon) once Trump takes office to create the opposite talking points while he is in power.
Of course, this should be very good for PMs starting sometime in the first quarter if it happens, perhaps around the Fed Meeting in two weeks. (smart money knows the game and will anticipate)
I have a hard time thinking gold has already bottomed, however the count supports such a view – and what I think does not matter.
Cheers