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PRECIOUS METALS REPORT: October 4, 2024 (The Govt Employment Numbers Are LYING To You!)
Happy Friday!
It’s time for our weekly PRECIOUS METALS REPORT courtesy of my friend Ira Bershatsky.
As always, my standard disclaimer: Not personalized financial advice, but this is the quality of insight and macro analysis that people pay big money for…and thanks to Ira, I’m pleased to be able to share it was all of you.
Remember jut a few weeks ago when the US Government came out and “revised” their Employment numbers to say actually we LOST 800,000 jobs last year under Biden/Harris? Oops! Sorry about that!
All year long they told us the Biden/Harris Regime was doing great, adding lots of jobs to our economy (even if they were 2nd and 3rd jobs just to make ends meet).
But even that turned out to be one massive lie — they actually lost 800,000 jobs.
So now the question that any sane, clear-headed, critical thinking person should be asking is: “Do you trust the NEW reports coming out right now….right before an election?”
Do you think those are accurate?
Fool me once, shame on you.
Fool me twice, shame on me!
Folks, simply put, all the historical evidence points to the fact that these numbers are also completely bogus and the economy is actually TANKING — they’re just not telling you.
Ira Bershatsky explains more here with his weekly update:
In the news this week was Jerome Powell, head of the US Federal Reserve speaking on Monday and today’s employment report for August.
Powell said that there was no set timeline for interest rate cuts.
This initially dropped the equity markets and the metals markets.
What has happened since then? The equity markets have continued to decline and the metals markets are higher than before he spoke. Did you buy the dip???
Today’s employment report from the Labor Department was better than expected with the unemployment rate dropping to 4.1% from 4.2% in July with 254,000 jobs created.
Who is the Acting Secretary of Labor? Julie Su. Who is Julie Su? Before going to work for the federal government she was the head of the California Labor and Workforce Development Agency which oversaw unemployment claims and had $31 billion (yes, b as in billion) in pandemic fraudulent claims paid. Her federal government job is the Peter Principle at work (rising to a job above your level of competence).
Do these employment report numbers seem suspicious to you a month before the presidential election with Julie Su as Acting Secretary of Labor who recently had year over year employment numbers reduced by 800,000 jobs?
I will leave that up to the reader.
Until next time…
Remember, Federal Reserve has a “dual mandate” to (1) promote maximum employment and (2) stable prices.
The skeptics among us would say as to #1 they just want all the good “sheeple” plugged in like zombies to their little cubes, and as to #2 the Fed’s definition of “stable prices” is that prices go up 2% every year, which I know doesn’t sound very stable to me either!
The even bigger skeptic might say the “dual mandate” is all just for show, and that their true mandate is to simply print money and “loan” it to the USA at 2% interest (hey, there’s that 2% number again, I bet that’s just a coincidence though….).
For more on those “crazy” conspiracy theories, you have to see this:
The Greatest Show On Earth Part 2: “Follow the Yellow Brick Road”
Absolutely incredible, it breaks down EXACTLY how our monetary system works (or doesn't work, as the case may be).
It's one huge fraud and ponzi scheme from the top down.
But setting that aside for a minute, let's presume the Federal Reserve is just looking out for the goodwill of the people and trying to achieve both ends of that "dual mandate".
It appears to most that the risk now lies with a cratering of the job market.
In other words?
Mass layoffs, followed by a massive RECESSION.
That's what the data is telling us, and that's what the Fed's recent actions are telling us.
If you want out of the US Dollar Ponzi Scheme, keep reading!!
I can't give you personalized financial advice but as for me, I'm buying as much Gold, Silver and Crypto as I can get my hands on.
Ira can help you if you want to do the same thing, he's earned my trust.
I know many of you are already familiar with Ira Bershatsky, but for those who don't know him, you can find Ira and his company, Advisor Metals, over at WLT Precious Metals.
I have personally sent family members to Ira for 5-figure purchases of Gold and Silver and he treated them like royalty. They were very pleased.
That's how much I trust Ira.
No one has a crystal ball for the markets, but I trust Ira's ethics and morals and customer service implicitly. I always hear glowing reviews!
I didn't tell him I was sending them over either (and these particular family members have a different last name) so I did it as a bit of a "secret shopper" test and Ira passed with flying colors.
Of course I knew he would.
That's why I work with him and that's why I have confidence telling you about him.
Ira can handle bulk purchases of bullion, coins, whatever you want.
All custom ordered and shipped right to your door.
A lot of people love Bullion because its the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.
The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you'll know you're in the right place.
You'll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.
How about that!
You don't see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:
No sales pitch, just real, actual help.
And the best prices you will find.
Here's the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back. Just be patient.
Good things come to those who wait!
You can contact Ira and WLT Precious Metals here.
Ira can also help you if you want to purchase Gold and Silver in your IRA.
I mean, his name is Ira, after all, OF COURSE he can help you purchase in your IRA account.
The thing I love about purchasing in your IRA account is you can do it with no money out of pocket. You just take money already in the IRA account, perhaps in stocks or bonds or other investments, and you can shift it into Gold and Silver.
Again, I'm not your personalized financial advisor, I'm just explaining how it works.
And it's REALLY cool.
So even if you're saying times are tough right now, I don't have a lot of spare money to shift into Gold and Silver, you might have a golden opportunity (pun intended!) already sitting there in an established retirement account.
I'll be back next Friday with another Precious Metals Report update from Ira.
Until then....
Noah out.
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