Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

US debt crises to push Gold higher, page-25

First 25 Last

Share
Profile

Follow
Skol

33,082 Posts.

1395

25/02/19

14:41

Post #: 37557749
Share

Originally posted by glend: ↑

The current rate of inflation in US according to BLS is under 2% whereas if the pre-1990 official methodology was used, it be 6%. So its straw mans argument to suggest its a massive conspiracy. Everyone knows the methodology used today is doctored to present a better picture of the economy. Its the same with unemployment. US can signify that long term unemployed (27 weeks or more) aren't really looking for work and remove them from the work force to reduce the unemployed on paper. They can specify that anyone working 15 hours or more per week is counted as employed regardless if its a paid position or not. It is what it is.

Expand

Shadowstats....LOL.

The real unemployment rate in the USA is 21.8%. Who could believe such codswallop? A few I suppose, followers of John Williams, who's been predicting hyperinflation since 2008.
Upvote

0 Great analysis

Reply

Top Stories

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

AI stocks: What to expect in 2024-25

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Talking Australia's very competitive property landscape: Realty Talks

MCT

Metalicity looking for offers on Admiral Bay zinc project

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

There are more pages in this discussion • 15 more messages in this thread...

First 25 Last

Add GOLD (COMEX) to my watchlist