United States

There was some good news and some not so good news in the Fed's latest annual Report on the Economic Well-Being of U.S. Households.

First the good news.

You know what they say about biting the hand that feeds. The NYT just dropped its latest deep-state scoop, and boy is it a doozy.

But instead of using the information as more leverage to attack President Trump, the leaks reveal allegedly extreme incompetence at the highest levels of the CIA, what NYT’s "current and former government sources" characterized as the worst intelligence breach in decades.

By the SRSrocco Report,

The coming GREAT DEFLATION will impact the value of Gold and the Dollar much differently than what most analysts are forecasting.  Unfortunately, most analysts do not understand the true underlying value of gold or the U.S. Dollar, because they base their forecasts on information that is inaccurate, flawed or imprecise.

This is due to two faulty theories:

monetary sciencesupply-demand market forces

When all other sources of economic growth appear tapped out, there is always the military-industrial complex coming to the rescue of US GDP with the sale of arms and equipment to the world's biggest purchaser of weapons: Saudi Arabia. Because when one looks beyond the pageantry, pomp and circumstance of Trump's visit to Saudi Arabia, the main purpose behind the president's visit is precisely that: selling weapons, some $350 billion over the next decade, according to estimates.

Authored by Paul Craig Roberts,

We are witnessing an assault by the national security state and its liberal media on a President of the United States that is unprecedented.