by irdadmin | Jan 16, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy, Uncategorized
I find it quite amusing that the market believes inflation is tied to rates – the propagandists at the Fed did their job there. Distract while creating bank reserves (print money) out of plain sight. The Monetary Base is up over 7% since March. M2 is also a bit...
by irdadmin | Jan 6, 2024 | Financial Markets, Gold, Market Manipulation, U.S. Economy
The California State Teachers’ Retirement System, the country’s second-largest pension fund, may borrow more than $30 billion to help it maintain liquidity without having to sell assets at fire-sale prices, according to a new policy its investment committee will...
by irdadmin | Jan 2, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
This is the opening commentary in the December 14th issue of my Mining Stock Journal. I also the updates on two my portfolio stocks (I also reviewed Franco Nevada in the issue). To learn more, follow this link: Mining Stock Journal information Yesterday (Wednesday,...
by irdadmin | Dec 12, 2023 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Most sectors of the economy are already in a recession and the Fed has already started to ease monetary policy. But when will the Fed cut rates? I think it will take the onset of a banking system crisis or a steep decline in the stock market, or both, before the Fed...
by irdadmin | Dec 7, 2023 | Gold, Precious Metals
Most people do not understand that the Fed supposedly is the “safekeeper” of the gold allegedly owned by the U.S. Treasury Department Taxpayers. But in all likelihood most if not all of that gold has been hypothecated, leased or sold outright in the...
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...