by irdadmin | Nov 1, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“By sticking to the new orthodoxy of monetary policy and pretending that we have made the banking system safe, we are sleepwalking towards that crisis.” – Mervyn King, former head of the Bank of England in a lecture at the IMF’s recent annual meeting The...
by irdadmin | Oct 22, 2019 | Financial Markets, Gold, Market Manipulation, U.S. Economy
“Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes...
by irdadmin | Oct 15, 2019 | Financial Markets
The stock market spiked up last week as Trump started in with his trade war optimism tweets, which excited the algos and momentum chasers. As Monday rolled around, however, it was determined that a “Phase 1” trade agreement amounted to nothing more than a...
by irdadmin | Oct 2, 2019 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“[Whatever] the repo failure involved, it is likely to prove a watershed moment, causing US bankers to more widely consider their exposure to counterparty risk and risky loans, particularly leveraged loans and their collateralised form in CLOs. a new banking...
by irdadmin | Sep 26, 2019 | Financial Markets, Gold, Market Manipulation, U.S. Economy
“Central Banks are panicking…the whole system is on the verge of disappearing into a black hole.” – Egon Von Greyerz on USAWatchdog.com On Wednesday, after Wednesday’s overnight Repo operation had $92 billion in demand for the $75 billion...