And the Award for Most Outlandish Creativity Goes to…the Bureau of Labor Statistics!

It’s really quite impressive that anyone is capable of creating and presenting a story that can make people believe something that they know to be undeniably false. In fact, it’s the fuel that has propelled the film industry, since its inception. But when the Bureau of Labor Statistics (BLS), a governmental organization created for the purpose of reporting factual public information to a nation, uses it instead to usurp the truth, presenting false and misleading information, whether for monetary, political, or any other type of gain – a very serious problem exists. This is not just an opinion and the reality is pure and simple math! “Spinning” puts the numbers into a different light, but numbers don’t lie. People do! Profusely and without regard!

Basing investments on the bogus information provided by the BLS may well cause investors to find themselves quite deeply involved in a very real financial horror show. Historically, debt-fueled market rallies are followed by market crashes proportionate in size to the debt binge that preceded it. Applied to our current condition, this is setting up to be the historic mother-of-all financial horror scenarios. Eleven years of artificially suppressed interest rates, $3.5 trillion in fresh greenbacks, and $72 trillion in record-shattering private, corporate, and governmental debt since 2008, has most probably combined to ensure a more sudden and precipitous end to our government’s careless, dangerous and dishonest handling of trusted financial affairs.

The list of lies is long, so we’ll just address the Top 3 resulting beliefs, based on those lies; the economy is strong, the country is back to work, and the stock market has room to run. Accounting spin allows the BLS to report inflation at less than 2%, while it is factually more than 10%. I just paid 20% more for a tank of gas than I did 2 weeks ago at the same station. Since 2008, the U.S. annualized Gross Domestic Product (GDP) is 1.7%, while we’ve seen a 128% rise in the federal debt over the same period. The economy is not fine, it’s financed. At 66%, today’s employment-to-population ratio represents an all-time low. But when you consider the added insult that the majority of “employed” now include part-time job-holders that can’t support a household, the reporting becomes nothing more than an exercise in futility. The stock market is not fine either, it too is financed. Goldman Sachs reported that company buybacks have been the single largest source of U.S. equity demand, since 2008. Average equity demand from households, mutual funds, pension funds and foreign investments was less than $10 billion each, annually. Equity demand from company buybacks has averaged $421 billion, annually.

The stock market is a precarious house of cards that won’t even require the assistance of a strong wind to trigger a massive collapse. The dollar is the world’s premier global reserve currency, but our careless and lackadaisical stewardship has many global users rebelling. When you get news from REAL sources, you find that the global financial world is in disarray. Gold and other precious metals have served as the world’s universal currency for millennium. Protection from the coming economic storm is only a phone call away. Call the experts at American Bullion now, at (800) 653-GOLD (4653). Years of experience, Gold IRA pioneering, and ongoing customer service awards make them your best choice for assistance. Today’s support level prices are just another brilliant bonus, so call now. Don’t get caught without a seat when the music stops!