With a State of the Union address coming up, nobody could blame President Joe Biden if he mentions January’s supposedly huge 517,000 gain in seasonally adjusted payrolls rather than the actual unadjusted 2,505,000 loss.
https://www.cato.org/blog/without-suspect-seasonal-adjustment-payroll-jobs-fell-over-25-million-january-0
So for domestic voting purposes, a 2.5 million jobs loss is miraculously converted into a half million jobs increase, and we use this barometer to send the gold price, up or down?????????????? Talk about Alice's accounting rabbit holes!
Best looking weekly chart, page-1252
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