wall street and your gold ..

"Put your full faith in accurate economic statistical gathering with the Shadow Govt Statistics crew led by John Williams. No, not the man of Boston Pops musical fame, the other guy. The Gross Domestic Product has been running negative in growth except for a couple quarters five or six years ago, now about minus 2.3% or so. The Consumer Price Index has been accelerating lately, now at 11.8% and still climbing. People do eat food, and people do require energy, so please no need to remove them from calculations. The unemployment rate has been also rising lately, now at 9.8% or so."

Full article at http://www.kitco.com/ind/willie/apr162008.html