Hey guys, I couldn't stop thinking about this. I woke up at 4 in the morning, which is why this is one of my first videos where I'm filming it and it's still dark outside. I had this on my mind. I wrote something to the team members in the weekly letter and I couldn't stop thinking about it. It woke me up and I want to share it with everybody because this one actually parts of it are going to reveal to you how you get manipulated, how they put lipstick on a pig when they announce
numbers and how then it spreads through the media. And this is a perfect example of that. Let me give it to you really quickly. The US payrolls report came out and they tried to position it in a way that made it look very compelling and positive. Payrolls rose by 130,000 jobs in January, more than expected, which took the unemployment rate down to 4.3%. So that sounds pretty positive, right? On first blush or first glance, you can walk by, see that headline and say, "Okay, so the economy is getting better.
It's getting healthy again." You got to see these charts and what I put on them, how I marked them up, because I'm trying to show you that. Just keep in mind that it sound like a really good result. But what really happened, you know, we'll scroll down here through the letter that I wrote. Sounds pretty positive. Right now, take a look at the charts, which are meant to show you that the economy is so strong. And so, I marked up a little bit of highlights to show you what I wanted to show you. But this
chart, they're telling you that the job creation by month is so strong. and they can say it's increasing because that actually went up from 2 months ago to 1 month ago. So, wow, it's picking up. However, overall the entire job creation chart shows that the economy is actually breaking apart right now. And that's the point in the area in red there. Yeah, the job numbers increased, but overall this economy is bleeding out. And when they said that the unemployment rate fell, look at the
chart and notice where I marked it up and the part there that I highlighted shows you where the unemployment rate fell. And you may be thinking that unemployment's declining. But if you back out a little bit, take a view from further away and look at the chart now. And what I said is, yeah, the unemployment did decline, but is it falling or rising? Take two steps back from this chart and look from there. So while unemployment fell and the number of jobs created increased, it all feels very good. That's lipstick
on a pig, my friends. In actuality, there's weakness and bleeding out in both of those charts that when you step back and take a wider view, you can tell that the difference between reality and what you're being told or how it's being spun. That weakness is being ignored and everyone is being gaslit to believe that the economy is in very strong shape. So now let's expose the final reality with one more chart. And I'm sorry to see this. Just take a glimpse at the hourly earnings and where the trends are going.
You tell me if you're seeing any increases in your income because the chart says that you are absolutely not. And I know that I've been frequently apologizing lately. That's my Canadian half. And I'm sorry to say I'm going to be apologizing even more because I'm apologizing for always being such a wet blanket or bringing this to your attention or put your focus on the ruinous economy. You're just in a situation that's not of your own making and it's a crappy situation because of
bad mistakes. But anyway, so I want to do less of that and even less apologizing too. But there's a reason why I tell you this and reveal it to you. Because I don't want everyone to get gas lit and blindsided and financially ruined. Most people will. Some of us won't. And I think a lot of us here will be in a lot better shape because we're aware of it and we're preparing >> [clears throat] >> etc. And I'll tell you one last thing about what's going on in the straight of
hormones. But that's why you want to connect with me. Subscribe to the channel. Share the video with people that will get helped by it. Please and thank you. Much appreciated. And consider becoming a Peter Le's team member so that we're in connection directly. Now, the last part here about straight of heart moves. If you're wondering what's going on with oil and gold, neither gold nor oil are reflecting an appropriate risk premium. Both should be trading over 20% higher based on how
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