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Posted on 10/10/2025 12:35:51 PM PDT by zeestephen
The Labor Department will bring back staff to work on the consumer price index...The report will come out at 8:30 AM ET on 24-OCT, nine days after it was originally scheduled.
(Excerpt) Read more at cnbc.com ...
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Labor Department employees will do every thing they can think of to create bad inflation news for Trump.
If bad news is not possible, they will deliberately create suspicion about good news.
In the meantime, the dollar is crumbling.
Backwardation in the Silver market, 10 to 20 cents a week ago, was $1 a couple of days ago, and now is around $2.50. This is unprecedented. People don’t want “paper” or derivative silver in the future. They are increasingly opting for more “expensive” physical silver today.
Why is the market down 750 points today?
When Gold hits $5000 that is when the Dollar will go down the toilet...And that is use around the corner...
The “CP Lies”…..everyone who eats knows this. Been a joke since the early 90’s.
“ My first instinct...
Labor Department employees will do every thing they can think of to create bad inflation news for Trump.
If bad news is not possible, they will deliberately create suspicion about good news.”
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Maybe… but they’d have to be mighty creative. As I understand the process ALL the DATA FOR THAT REPORT WAS ACTUALLY COLLECTED IN SEPTEMBER before the government shutdown. So that raw information is all there and ready to be “analyzed”, collated and “massaged” into their final report for September by the headquarters’ bureaucrats.
The dollar is already swirling, and yes, as you say, about to go down into the toilet.
The “kick the can” option is to revalue gold from its current $42.22, up to $4000. Or $5000.
The “kick the can” for another year or so, up to $10000 or more.
Q: Do we have the gold?
A: Yes. Gold shall destroy FED.
Epilogue: Silver buries it.
When Gold hits $5000 that is when the Dollar will go down the toilet
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It already has, at 97, minus 11 percent since January, in 2000 it was 120, before that 160…..debasement, happens to ALL paper currencies….we are nearing the “End Game” in the paper currency world.
Whatever the report is, the truth will be the opposite. Guaranteed.
President Trump suggested there may be much higher tarrifs against China.
I do not really follow the precious metals, although I do check the price of gold each day.
The US Dollar (USD) went up close to 4% against a basket of foreign currencies when gold was making new highs this week.
The USD went from $96 to about $99.5 during the gold run.
Not what I expected.
$100 is considered neutral. Over $100 - USD strength. Below $100 - USD weakness.
The Nasdaq 100 (QQQ) has had a HUGE run in the last six months.
Up 52% since April.
Today - at 2 PM Pacific - QQQ is down 4%.
This is a three day weekend.
A lot of the speculators think it is the right time to book some profits.
Why is the market down 750 points today?
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My guess, Silver just topped the all time high of $50 USD and Gold right at $4,000 USD/ oz.
October seems to always be the most volatile month for the stock market.
All the major currencies are fiat-based. So, consider another way of viewing "money", when there is something fundamentally wrong with fiat: Compare fiat (gold/silver derivatives, which is money substitutes) versus money itself (gold/silver).
When all fiat is having problems, all fiat is in deep kimchi, then comparing one versus another is very relative. At any moment, this one is ahead, this one behind, and some time later, they flip. The useful life of the fiat dollar is coming to an end. What was $1 in 1913 is today between 2 and 3 cents. The value has been inflated away.
When currencies fail, and history is strewn with the carcasses of failed currencies, real money makes a return. Could be constitutional money (coin), or perhaps a new paper, but with metal backing.
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President Trump wants a lower Dollar.
Isn’t there a stock / investing ping list here on FR? I’d like to be on it if you or anyone else knows. Most of my stuff dived today except for my lil gold mining stocks..
President Trump wants a lower Dollar.
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Here is his reasoning: a lower USD promotes our manufacturing industry, nations will purchase our goods and services because their currency buys more American products for less. Theoretically, our manufacturing sector then hires more workers. A good thing.
The flip side, foreign goods purchased from overseas costs Americans more dollars to buy, a bad thing.
The monster in the room? Our unsustainable debt. It throws a wrench in his reasoning, fewer nations are buying our debt instruments which finance our day to day operations. We shall see how his gamble works out.
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