by irdadmin | Feb 29, 2016 | Financial Markets
Mind-blowing simply can not describe the realization that this country’s populace is willing to accept Hillary Clinton as a bona fide Presidential candidate. The fact that anyone is willing to support her candidacy is beyond imaginable. Notwithstanding her...
by irdadmin | Feb 29, 2016 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
To be sure, oil executives are not alone in feeling the pain. Many blue collar jobs in oilfield equipment production have disappeared. So have thousands of middle management jobs in oil exploration and production. A regular Uber customer is likely at some point to...
by irdadmin | Feb 28, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
It’s been estimated that at least a third of the 175 oil producing companies in the U.S. are at risk of slipping into bankruptcy this year. At some point banks are going to have to start foreclosing on defaulted loans and many companies will be forced to...
by irdadmin | Feb 26, 2016 | Financial Markets, Precious Metals
Declining above ground inventories of physical silver and the ratio paper claims against those stocks is going parabolic. When the music stops, do you want to be holding real silver in your hand or a fraudulently-issued paper claim on silver?...
by irdadmin | Feb 26, 2016 | Financial Markets, Market Manipulation, U.S. Economy
Certain aspects of this market have become relatively easy to predict. I told my partners yesterday that they would take silver below $15 once the U.S. paper market was the only market open market on Friday (today). Soon as the London p.m. fix was set, the NY paper...