James Turk – Don’t Believe The Propaganda, Here Is The Harsh Reality Of What Is Really Unfolding

Tuesday, August 9, 2016
By Paul Martin

August 08, 2016

With continued uncertainty in global markets, today James Turk spoke with King World News about the harsh reality of what is really happening in the world.

Don’t Believe The Propaganda
James Turk: “It looks like Friday’s unemployment report washed out gold and silver for the time being, Eric. But it is important to note though that nothing of substance has changed…

James Turk continues: “As we discussed last week, it is not unusual for the precious metals to take a breather in August, particularly given the fantastic year they are having. Price corrections from time-to-time are a fact of life. So we should not be surprised that gold and silver were hit after the unemployment report was released Friday morning. The numbers were better than expected, but the report seems to be doctored, based on the growing number of economists who are rising their eyebrows on the unusual and so-called “seasonal adjustments” that made the report look good.

These adjustments are not based on hard analysis. The pseudo-science used by the number crunchers at the Bureau of Labor Statistics is supposed to make the adjustments sound reasonable, but they are subjective, which makes them an easy feature to create some miracle results in an election year.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter