Thursday, September 19, 2013

Spurious "Facts"

Eric De Groot posts on “Eric De Groot’s InsightHERE

“The Invisible Hand Will Force The Taper”
The Fed, contrary to popular opinion, follows the forces of the invisible hand, not vice versa.”
His graph gives away the shallowness of the assertion about an invisible hand.  It shows the VISIBLE % Treasury Bond Yield tracking the VISIBLE $ price of gold.  

What’s invisible about that?


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