by irdadmin | Mar 17, 2016 | Financial Markets, U.S. Economy
The Federal Reserve members seem intent and content to make fools of themselves with continuous threats to raise interest rates. Some of them seem to discharge the “rate hike next meeting” utterance regularly as if they have Turret’s Syndrome. And...
by irdadmin | Mar 16, 2016 | Financial Markets, U.S. Economy
Delinquencies on subprime auto debt packaged into securities reached a high not seen since October 1996, as late payments continued to worsen in February, according to Fitch Ratings. – Bloomberg News The Fed and the Obama Government inflated a massive bubble in...
by irdadmin | Mar 15, 2016 | Financial Markets, Market Manipulation
Valeant Pharmaceuticals (VRX) stock has plunged 86% since August 6. The latest plunge occurred today, with the stock losing 51% from its close of $78 yesterday (click to enlarge): The initial triggers were concerns over the Valeant’s drug-pricing policies and...
by irdadmin | Mar 14, 2016 | Financial Markets, Market Manipulation, U.S. Economy
The Shadow of Truth presents a “Market Update” in which we discuss the extreme fraud and deception that has engulfed the stock market – see below for our audio discussion: The governments in my view, with their agents the Federal Reserve and other...
by irdadmin | Mar 14, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
The damage done to gold on Friday was due to skillfully timed flash crashes rather than powerful selling. – John Brimelow, JB’ Gold Jottings Report As a wider audience of market observers becomes aware of the flagrant use of the paper gold market to...