More of the usual....................from Rico

I had marked my calendar at the end of June that the NFP report (Non Farm Payroll) from the BLS (Bureau of BS) was due out on 05 July, and that this was the USUAL and by now EXPECTED and customary for our paper fraudsters to stage a "raid" on bullion spot prices on the CRIMEX.

Today, no one disappointed, and everyone played their corrupt roles to perfection.

BLS gave out cotton candy 'headlines' that employment was significantly 'up' so the teleprompter readers could gush, while overlooking that somehow even the 'offishul' unemployment number remained the same (despite the 'reported' being about a third of the 'actual').

- Never mind that today's number will be revised closer to reality in a month or so when nobody is looking and/or remembers what the numbers were because they are fixated on what the lates faux numbers will be.

The Cartel monkey-hammered spot bullion prices as expected, on a 'thin' trading day when all of the adults were taking a long weekend in the Hamptons leaving only their low-level minions and HFT algobots to do the dirty work.

- Few 'Muppets' manage to notice that only paper bullion is being dumped onto the market, yet no physical bullion is actually sold (or delivered), to silly extremes these days that threatens to make the paper market completely irrelevant and drive everything to 'cash on delivery' only.


If one wanted to participate in this crooked scheme, it's really fairly easy to 'trade' paper futures (puts and calls) around the set-in-stone pattern of criminality that happens when crony insiders are allowed to run circles around the equally corrupt 'regulators' with the consent of a rotting political system.