A STAMAN SPECIAL: SOMEONE IS LYING.....THE US LABOR MARKET REPORTS. A Bitcoin and Dow Jones comment as well.

Good evening my Steemian friends. I have long believed we are being "mislead" with bogus labor statistics. I am not alone. See the chart and info below. As always, I appreciate your feedback.

The chart above is the employment-population ratio. It shows the total number of people "employed " as a ratio to the total working age population. The ratio is peaking again. The previous four peaks were followed by economic chaos and a severe stock market sell-off. You will not see this graphic on CNN or FOX.

The above chart alludes to wage growth, the worst since 1995, and you are not being told by those touting 4% unemployment. Wage growth is dropping to zero when it should be rising if, in fact, we had full employment.

John Williams of Shadow Stats reports that due to the millions unemployed and not on the unemployment rolls any longer, we have 10 percent unemployment. Millions claimed as employed have part time employment or are underemployed. You are being lied to plain and simple. The Plunge Protection Team is trying its best to keep the market propped up. This is about to end.

The Dow Jones Industrials: 24,799. The public is jumping on the "bull bandwagon" on any strength, the sign of a market that has topped. We called it in January and our position has not changed. We could rally to marginal highs as the manipulators will try to keep it propped through elections.

Bitcoin: We are trading in a tight range, 7700 resistance, and about 7000 support. BTC is trying really hard to rally off our "buy" at 7150 (short term). Due to poor sentiment readings a break could come to the downside. Let's hope that can be avoided with some sideways action for a while. Apathy abounds in the Bitcoin market. As mentioned in an earlier post, 78% of traders are bullish. Bitcoin will climb if/when a wall of worry is created.

Thanks for the visit and your UPVOTE/FOLLOW/RESTEEM is appreciated.