by irdadmin | Feb 14, 2016 | Financial Markets, Market Manipulation
A reader reports: Hi Dave, I’m in the Amazon puts with 300 strike price that I bought on Jan 17 before they reported earnings. I’ve made $7500 on the trade. Also I read that you think silver is the play of the decade! I’m going to take those profits...
by irdadmin | Feb 12, 2016 | Financial Markets, Market Manipulation
In 1979 the European Exchange Rate Mechanism (ERM) – a precursor to the euro – was established. The ERM created a semi-fixed currency exchange rate mechanism among the European members of the system which was anchored to the Deutsche Mark. By 1992,...
by irdadmin | Feb 12, 2016 | Financial Markets, Market Manipulation, U.S. Economy
Retail sales for January were published by the Government’s Commerce Department today. They show an alleged .2% gain for January over December and a 3.5% gain from January 2015. Nothwithstanding the fact that these numbers are estimates based on highly...
by irdadmin | Feb 11, 2016 | Gold, Precious Metals
Canada is selling off its gold reserves: Back in the 1960s, Canada held more than 1,000 tonnes of gold. But it began steadily selling off its hoard, and by 2003, the country had just 3.4 tonnes. Now, Canada has less than one tonne. (CBC News – a division of...
by irdadmin | Feb 11, 2016 | Financial Markets, Gold, Precious Metals, U.S. Economy
If I’m right and this is the start of what happened starting in late Oct.2008, guys like Bron and [Jeffrey] Christian and Trader Dan are going to end up looking like the biggest assholes in the world. Although I think that trip is booked and the train has...