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Thursday 30 April 2015

Playing Games and Painting the Tape...................from Rico

Gee, this is almost as 'surprising' as all the posters and t-shirts at the Baltimore 'spontaneous' riot-protests looking the same (you'd 'think' someboday had [a] planned this in advance, and [b] ponied up the money to pay for this). today we see on the CRIMEX the typical End-of-Month "painting the tape exercise by the "wise guys."
- This is playing games at street-level.
 
How about some playing games at the macro-level?
 
If you were to believe the bogus numbers presented by the US Goverment, you'd still have to admit that the economy has stalled-out.
- Accrding to these BS artists, the 1Q2015 Real GDP Growth is trending to a contraction, and Real Final Sales fell by an annualized quarterly pace of 0.5%.
- Shadowstats (SGS - John Williams), which does NOT "cook the books" like the USG does btw, reports that the US GDP has actually been in decline since 2005.
 
Well go figure!
- What one is told by the Media or the Markets does not reflect one iota of fact or truth anymore. And as for the USG....do I really need to say it? Well, OK if I must: If their lips are moving, they are lying.
 
ALL markets today reflect FED liquidity injections, not fundamentals like price discovery.



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