This last Friday morning, the US government's Bureau of Labor and Statistics published a positive high-hiring jobs report that, upon further review, was a statistical canard. Akin to the statistical lies and obfuscations used when reporting official price inflation data (CPI) by the BLS.
With just less than a month remaining in this year, 2022, it will be interesting to see if the four primary precious metals can continue their recent rallies and all finish with positive performance for what has been a mixed-up and down year for the most part.
Looking at the average domestic USA citizen, the US savings rate is now hitting a 21st Century low level, signifying stretched budgets.
Outstanding credit card loans are at nominal record high levels and likely to climb until a full-on recession finally rears its ugly head, perhaps next year.
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