There appears to be a little 'management' on the COMEX today (Thurs) ahead of Friday's heavily-massaged NFP (Non Farm Payroll) report.
- Management of Perception Economics (MOPE) is an important tool to convince everyone that the economy is okey-dokey, recovering, and all is well.
The heavily manipulated paper price of Gold and Silver no longer have any meaning or connection to reality. Much like the NFP report.
- When it costs $23/oz to produce Silver, tell me how you can sell it for $14/oz? Gold, too, is paper-priced below the production break-even cost.
I expect at some point we will achieve zero unemployment thanks to the 'offishul' math wizards at the BLS.
- Any 'bets' the fake 5.x% unemployment number (that ignores roughly one-third of the US workforce NOT working) will tick down a fraction again?
Meanwhile the markets are doing GREAT!
- Just look at these six-month charts of the Dow and the Nasdaq.
And what are those morons in India and China thinking accumulating physical Gold instead of IOU's.....er, I mean paper Dollars and Treasurys?
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