by irdadmin | Mar 15, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Gold recently hit all-time highs in all of the major currencies (euro, yen, British pound, yuan). Last Friday (March 1, 2024), priced in dollars gold achieved its highest weekly close and then proceeded to hit new all-time highs. Wednesday (March 6th) gold hit a new...
by irdadmin | Feb 2, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The Fed knows it can’t risk cuting rates right now [despite obvious signs of a very weak economy] or he risks the dollar falling off a cliff.” The FOMC meeting and Policy Statement release is a big event in the financial markets. Every word in that...
by irdadmin | Nov 28, 2023 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
With respect to the economy, the hard reality on Main Street is the opposite of the propaganda and lies pitched at us by Wall Street, Capitol Hill and the mainstream financial media. Most sectors in the economy are in recession. At some point the Fed will either have...
by irdadmin | Nov 20, 2023 | Gold, Market Manipulation, Precious Metals, U.S. Economy
Liquidity in the primary dealer Treasury market is drying up. Deposit outflows from the big banks continue unabated. The outflows at the small, regional banks haveg abated but some banks continue to draw on the Fed’s Bank Term Funding Program, which hits a new...
by irdadmin | Nov 6, 2023 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The prices of gold and silver and the valuations of mining stocks – from the largest cap producers to the cash-consumer junior project developers – will go parabolic along with the money supply and issuance of Treasury debt. Holding dollars will be the...