What is the Real Story?

          For many years I have written about how economic data is often ‘massaged” (or manipulated?) to make the reported numbers look more favorable.           This is true of the reported inflation rate, the reported unemployment rate, and the money supply.           Now, it seems that there is extreme manipulation as far as the jobs…

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Financial Markets, the Economy and Currency Creation

            My ‘double top’ theory from last week is holding true so far, but we will wait and see.  If you missed last week’s post, a double top is a bearish formation where prior market highs are approximately reached but no new highs are made.             At this point, it’s too early to tell.            …

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