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Recent Economic Data: More Fiction Than Fact

by irdadmin | Nov 10, 2020 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The advance estimate of Q3 GDP was released on Thursday, October 29th. The headline number was 33.1% (annualized rate) vs 31% expected and negative 31.4% for Q2. This was John Williams’ (Shadowstats.com) comment on the headline number: “ShadowStats...

The Q2 GDP Farce, The Big Short 2.0 And Gold

by irdadmin | Jul 29, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The Bureau of Economic Analysis (BEA) released its “advance” estimate of Q2 GDP on Friday. The Government would have us believe that the U.S. economic growth accelerated to a 4.1 annualized growth rate in Q2. Other than the fact that a one-time jump in...

The Big Money Grab Is “On” As Middle America Collapses

by irdadmin | Nov 16, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The stock market rejoices the House passage of the tax “reform” Bill as the Dow shot up 187 points and the S&P 500 spiked up 21. The Nasdaq soared 1.3%, retracing its 3-day decline in one day. The tax bill is nothing more than a massive redirect of...

The Public Is Getting Pissed – Ignoring Rule Of Law

by irdadmin | Jun 14, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

“If liberty means anything at all, it means the right to tell people what they do not want to hear.”   – George Orwell There’s a narrative here that the Government, the Fed, the Trump Administration, etc conveniently ignored.  Here’s the headline...

Retailing Is Bad And About To Get Worse

by irdadmin | Feb 28, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

Americans are filing for bankruptcy at the fastest rate in several years. In January 2017, 55,421 individuals filed bankruptcy. That’s a 5.4% increase over January 2016. In December 2016, 4.5% more individual bankruptcies were filed than in December 2015....

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