More of the same...................from Rico

There is an old college joke that goes something like this:

- You know what BS stands for, right?

- Then you understand that MS stands for more of the same.

- And, it then follows that PhD stands for piled high and deeper!


This is exactly what things seem like after a couple months hiatus.


More of the Same.

In a "classic: smash-and-grab operation the precious metals were clocked at the markers of the FOMC and the NFP.

- This is pure FED standard operating procedure....defend the dollar by defending $1300 Gold and $20 Silver, and the cartel 'makes' money by orchestrating the raids knowing full well in advance of those raids AND wink-wink-nudge-nudge that there will be NO criminal prosecution of consequences since they are "doing God's work" [read: the Fed's] as Lloyd Blankfein so famously said.


Piled high and Deeper.

Drudge had two headlines yesterday which illustrate this:

- "92,594,000 Americans Not Working Hits Record..."

- "Unemployment plummets to 6.3%.


After a million workers dropped OUT of the labor force this April (making the labor force participation rate the lowest since 1978), the BS from the BLS shows that the 'recovery' is real by faking the unemplyment number down to 6.3%.


Oh yeah, it must be the weather.

- Riiiiiiight. BS? MS? PhD? You might as well decide since the gooberment and their enablers are lying to you.


It WILL be a real sh*t storm when the facade of this fantasy can no longer be maintained.

- This will NOT end well...................