Nothing Really Matters, Anyone Can See

Fri, Nov 3, 2017 - 10:53am

The US labor force is rapidly shrinking. Wage growth is non-existent. The vast majority of the American people have no savings and little hope for economic improvement. But none of that matters with the G-3 central banks in charge!

So today saw the latest installment of the BLSBS. If you check your "mainstream" sources, you;ll be led to believe that everything is great and getting even better!

But look under the hood and you see that this is all bullshit. The unemployment rate that Drudge blares on behalf of Trump is only at its "lowest since 2000" because October saw an astonishing 968,000 people leave the labor force. This leaves the total number of people NOT in the labor force at a record 95,385,000. Then, as ZH notes, "this took place as the number of employed Americans declined by 484,000, however since the unemployment rate denominator dropped more, it translated into an actual decline in the unemployment rate!" Read all about it here:

Secondly, about this notion of "hiring bouncing back" and the "economy rebounds". Do you recall this very prescient chart from Morgan Stanley? Well, the two hurricanes messed up the math BUT, since this BLSBS is all about "catch up", let's take another look:

If this chart had continued to be accurate (no hurricanes), the combined total of "new jobs" for September and October would have been 345,000. And what was the actual total? September was revised today to +18,000 and this latest report had October at 261,000. That's a total of 279,000. Hmmmm. How about that for your "rebounding" economy and job market?!?

And the wage growth component was terrible, too, with wages FLAT month-over-month and coming in at a growth of just 2.4% year-over-year. This includes all of the high-end, top-salary types so can you imagine what the actual wage growth is for the vast majority of Americans who actually do all the living, working and dying? Try close to ZERO!

But, of course, here's the thing. When the G-3 central banks attempt to control everything, none of this matters at all. In typical G-3 fashion, the all-important USDJPY sank on the news, it immediately double-bottomed and then moved higher at 45 degrees until it was right back to where it was at 8:29 EDT.

And as I type, nothing has changed in the time since. The USDJPY has continued to creep higher and I have a last of 114.10. CDG had nearly hit $1280 but it's back to $1276 and CDS is now down 4¢ at $17.10.

So, in the end what happens? As per usual, average and everyday Americans continue to get squeezed as they work multiple jobs attempting to feed their families and pay their taxes. The filthy rich and Wall Street bankers line their pockets with ill gotten profits derived from the endless creation of fiat cash by the central bankers.

Oh, and don't forget that you're now repeatedly told about how "the Fed is tightening" and how this "makes the dollar stronger". Yes, the dollar appears stronger but that only because other fiat is weakening even faster. Don't believe me? Well check The Fed's own charts! M1 and M2 money supply are both at all-time highs!!

And here's a fun, little "anomaly" for you. Below is the same M2 money supply chart but I've added the price of Comex gold. The scales are off and this makes the chart a bit difficult to read. However, you can plainly see that, beginning in the fall of 2011, something changed. After tracking money supply growth pretty closely since 2002, there seems to be a bit of a disconnect. Gee, I wonder why and how?

But, whatever. It is what it is and as long as The Criminal Bankers remain in charge, not much is going to change.

To that end, look at what has happened to CDG and CDS while I've been typing! Though the USDJPY is still 114.10, suddenly prices are getting smashed lower. And why not? Again, when The Bankers control everything, they can pretty much do whatever they want.

So we'll have to see where we finish the day. It certainly appears that this onslaught has been designed to take out the 200-day MA on a closing basis. For today, that level is $1268.40 so watch it closely.


About the Author

turd [at] tfmetalsreport [dot] com ()


Nov 3, 2017 - 10:55am

It would appear so...

It's all in the cycles...

Nov 3, 2017 - 10:55am

Smacking of PM has began

With USD/JPY neutral, smacking of PM has began.

Nov 3, 2017 - 11:04am

Blockchain and Gold

CME and Britain's Royal Mint using blockchain to track gold sale/ownership.....and eventually evolve into ???

Nov 3, 2017 - 11:06am


Sad state of affairs that exist to perpetuate this fraud.

Why even bother to pretend to have markets anymore?

Nov 3, 2017 - 11:08am

the metals will make a low

with the December rate hike just like the previous two years

we may have to wait until next year world to end

Nov 3, 2017 - 11:08am


FUCK YOU SILVER!!!!!!!!!!!!!!!!!!!!

So sick of this fucking shit.

The Wetback Surgeon
Nov 3, 2017 - 11:08am
Nov 3, 2017 - 11:12am

Tax Proposal

Gets worse with each detail uncovered. Each rewrite is worse than tbe previous and slanted totally toward the handlers of our corrupt politicians. They are blatantly setting up the voters for a shake down. Back to Dancing With The Stars.

Nov 3, 2017 - 11:13am

F%#@k you cartel

Total bullshit.

Nov 3, 2017 - 11:14am

Well Craig!

To sum it up, the real problem is that the people who actually work, especially the self employed, just cannot make enough to pay their basic costs to live. If you add the cost of no-health insurance of $1500/mo. and the monthly property tax of $1000/mo., one must have a high paying side job or two just to exist.

For many, walking away from the pressures of survival in the work force and joining the free crowd, is looking better every day. The demise of a nation and the life of the family. Jim


Side note from an old boomer>>Me.

I never thought I would see the day when a politician would say that they were "openly gay" (that means a degenerate for those who need a view), as to their qualification to be mayor of Seattle or anywhere else. The former mayor had to resign because of his activities with the youth he encountered in the past. We need to drain the swamp in politics, banksters, the NFL and Hollywood. jmo

Nov 3, 2017 - 11:15am

My Post From Last Midnight.... Looks Like I Smelled Right

"I'm Worried

Gold has been trading in a very tight $5 range for 2 days...

This is approximately .004% variation, it's obvious to me Gold is being capped hard.

I smell a Friday smash coming.

I hope I'm wrong...frown"

Nov 3, 2017 - 11:21am

Everything is great now?

When we all know things are worse?

Don't believe the bullshit.

The USDJPY will soar and then it will drop.

They have slammed the metals but they will be back up.

Just a bunch of noise.

Nov 3, 2017 - 11:31am

Along with the theme that "Nothing Really Matters"

Some ponderings on the recent revelation by Donna Brazile that she has uncovered evidence that the DNC rigged the nomination against Bernie and for Hillary: Does she really think that we have forgotten that SHE gave Hillary debate questions in advance for a debate against Bernie!?? The hypocrisy is astounding even by Washington DC standards. She searched long and hard to uncover the evidence, when in reality she needed only to look into her own conscience. Therein lies the problem I suppose. These people have no soul and no conscience. God help us all!

Nov 3, 2017 - 11:31am

@"the metals will make a low...

with the December rate hike, just like the previous two years".

That should give cartel enough time to complete the wash and rinse COT cycle....My only hope at this moment is that the U.S dollar reverse its upward movement before that...though unlikely with the rate hike on the horizon.

Nov 3, 2017 - 11:34am

Donna Brazile

Here's to hoping the Karma Monster pays a visit to her and talks her into a "double tap to the back of the head suicide - open and shut case" some day very soon. We would all be a lot better off if Hillary would get on with the suiciding all of the rest of her associates.

Nov 3, 2017 - 11:40am

Nothing happen when you steal

your party's nomination smiley

Nov 3, 2017 - 11:41am

JQuest you nailed it.

A smash smells like farts in an elevator. Undeniable.

The smell doesn't dissipate. No one will admit doinging the deed, even if with 2 riders. One will lie and the other will pretend to believe them. With one rider, he'll try to lie to himself.

My take on 4.1% unemployment Some from Mauldin's essay of a few days ago

The future

Jobs taken by robots, illegals, offshoring and AI

We're left with tiny houses, poverty, debt, Universal Basic income, dopioids, autonomous cars and little hope.

Bezos, Zuckerberg, Gates and Buffet preaching to us about how good things are.

As each of them hit a personal net worth of $1 trillion dollars.
Nov 3, 2017 - 11:47am

Missing ZH headline ..

Right when the CDG/CDS smashing began, I found myself anticipating the usual ZH headline to the effect of, "someone, thought that this was the perfect time to dump a billion or so of notional CDG". I have been so conditioned to this corruption for so long, I am almost disappointed when it does not happen.

Or maybe, it is simply .... wait for it.

Nov 3, 2017 - 11:49am

29,450 contracts dumped in 9 minutes

Yah that seems normal in this fricken stupid world run by crooks.

Nov 3, 2017 - 11:52am

Nothing happen when you steal millions (today)...

But try to steal a candy bar...

Nov 3, 2017 - 11:52am

There is only one way to turn this...

whole shit show around. Sell all our silver and go all in on the FANG's. Ultimate wash rinse cycle would be complete... CB's would let the Dow nosedive and silver would visit Alice Kramden.

Nov 3, 2017 - 11:53am

Gold/Silver/USD Charts

Can I put in a request for the new website? Thanks.

Can you hide the charts on the homepage or have an option for the user to hide them, please?

I'm sick to fucking death of feeling depressed every time I open the TFMR homepage.

Thank you for your understanding in this matter. I bet I'm not the only one. laugh

Angry Chef
Nov 3, 2017 - 12:04pm

I Will Forgive The FBI When......

Not so dear FBI: You will regain your credibility when you complete the following check list:

1. Come clean on 911. Some people might be stupid enough to believe towers 1 and 2, but absolutely no one is stupid enough to believe building 7, which is sitting in your closet like a rotting dog. No one is going to believe you with anything when you are so blatantly lying about 911.

2. Your credibility cannot survive having Hillary Clinton walking free. Do something about it.

3. Your credibility cannot survive having Podesta walking free. Ditto.

4. Your story on Vegas absolutely reamed your credibility into the gutter, and adding new twists to it won't help. Coming clean on that, with a solid explanation for why you lied to begin with would win a lot of Americans over, even after they were pissed about it.

5. I'd however still ask you to explain how Tsnarev did the Boston bombing when his back pack was not black, and did not have a white patch on it. That's going to take some explaining - and more - a confession.

6. You have some serious explaining to do with regard to JFK. That's another one that is eating you as bad as 911, people cared enough to really call your bullshit so many ways with Kennedy that your credibility simply can't stand up to it. Let's hear a JFK camp fire story from "Honest Abe".

7. You have some real explaining to do with the way you use retarded patsies that you supply with everything they need to accomplish terror, only so you can bust them yourself (or not) like, for example, the first world trade center bombing, where somehow, mysteriously, your retards actually did get into the parking area with a 1,000 plus pound bomb and set it off. You provided the van. You provided the terrorists with a "dummy bomb" that was real. Dear FBI, YOU SUCK. The entire agency should have been disbanded over that event, which clearly shows precisely why you have so many other things to explain.

8. You have some serious explaining to do when you have absolutely no record of stopping any terrorist attack, and only a record of being right at the center of it all. Goading and supplying a retard, who then successfully does what you set up is not how you should conduct an investigation, or solve a problem. We all know you do that. You admit it yourself, like in this affidavit.But there are plenty of people out there who miss it all, due to a scamming MSM. Why don't you circumvent the scamming MSM by making a huge public announcement saying you set half this sh*t up?

9. It is obvious to point out the evil you did directly, but not as obvious to point out the evil you let slip by without investigation. EXAMPLE: tainted vaccines.

One would think that with so many parents complaining about their destroyed children that any agency that actually served the nation would look into it. You did not look into it. It was your job to look into it. And the fact you did not look into it speaks volumes, and proves you serve something other than the American people. When you come clean about both the fact the vaccines are destroying the children, and HOW they are doing it, you'll score a credibility point with me.

10. Another thing you mysteriously missed is treasonous college professors, who are obviously backed by enemies of the United States, and actively seek to destroy the United States. Even one such professor ought to set off alarm bells everywhere inside your agency, yet we have thousands infesting our universities and there is not a peep out of you. It really looks like you want America dead. Do you? If not, explain why those seeking to destroy America never have to answer for it, when you have access to all the info you need to nail them?

11. What about the election fraud you allow to happen unabated? How can you, FBI, with all your investigative assets not stop dead people from voting? It would really help appearances if you put all those skeletons into the grave.

12 How can Antifa get away with so much? They announce WHO, WHAT, WHEN, WHERE, WHY, AND HOW before they do anything, yet everything they do is a big surprise to you. How can that possibly be - How could Antifa have even one successful attack on America if you, not so dear FBI, are legit? Surf's up this week end. Everyone knows it. And the FBI WILL NOT CATCH THE WAVE. I'd like to know why.

The fact that the above items (and a whole lot more) remain totally unanswered amounts to solid proof that the FBI is a subversive agency that is actively working to destroy the United States. And worse? The FBI is funded by plumber Joe, - hard working Americans, and is funded by money taken from the American people that they will subsequently only use to destroy the people they got it from. The FBI is a clear and present pariah, a massive net negative against the American people. And it would be all too easy for them to prove me wrong if they were not.

flipper22 canary
Nov 3, 2017 - 12:14pm

Canary - I Wonder About Middle Class Society

The other day as I was walking into the grocery store and a guy with a cart full of groceries ran passed me as fast as he could out to his car. I quickly went into the customer service desk and informed them that a guy just stole a cart full of groceries. She called the manager, while we were waiting for the mgr. I ran out to see if I could get the plate # and the thief had his plate covered. I went back in to talk to the manager and he just said thank you and went about his business. It was a if it is something that he sees regularly. That guy had at least $100 worth of groceries. I was quite surprised at the managers response.

This is a very middle class neighborhood but It's the first time I've seen something like this happen. It makes me wonder about how much desperation there is in suburbia compared to 10-15 years ago.

Nov 3, 2017 - 12:18pm

The Same Game FOREVER

When you can STEAL and get away with it.

The GAME will NEVER CHANGE. Might as well leave

all that GOLD and SILVER in the ground and just trade


Gold, Silver, and the MINERS are DEAD forever.


Ned Braden
Nov 3, 2017 - 12:20pm

I'm out....

I'm Out

Yea, I'm out. I'm out of the contest !!

Nov 3, 2017 - 12:31pm

Maybe again

When morale is low and things look pretty bad it is time to buy. And then sell at high.

Nov 3, 2017 - 12:32pm

updated HUI chart

RSI still near lows of the year and just above 30.

Nov 3, 2017 - 12:36pm

Schizophrenic Mr Donut

Schizophrenic Mr Donut driving himself crazy. Takes his Q4 GDP guess from 2.9% to 4.5% and back to 3.3% in just 48 hours.

Nov 3, 2017 - 12:39pm
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