Alright, let’s start by getting the B.S. out of the way – of how stocks are rising, and bullion falling, due to the “diminished Korean threat.” To start with, amidst supposed investor “terror” of nuclear Armageddon, the VIX, even at its most “terrifying” point, barely rose – whilst the stock market had exactly one bad day; during which, care of the PPT, the “Dow Jones Propaganda Average” fell just 0.93%. Conversely, the “safe-haven surge” into PMs produced exactly one violation of the gold Cartel’s long-standing “1% rule”; during which, gold rose by…drum roll please….1.2%. After which, stocks surged back to their PPT-supported highs – whilst paper PMs, during one of the thinnest trading weeks of the year, were smashed back down. To that end, today was the perfect time to publish a “soft data” surprise, via the “Empire State Manufacturing Index.” Which, along with the “Chicago PMI” and “Philly Fed Index,” is one of the most blatantly fabricated “indicators” I follow. During such periods of ultra-thin trading, the massive deflationary trends destroying the global economy are magically “forgotten” by Wall Street and the MSM – like plunging consumer demand and...
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