by irdadmin | May 11, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
In real terms, most international fiat currencies could come to be near valueless when measured against gold and silver…And of course that climate will cause the utter collapse of the global stock markets, not to mention impact most severely our societal...
by irdadmin | May 10, 2016 | Financial Markets, Market Manipulation, U.S. Economy
The western media – especially any mainstream U.S. news source – has made it a habit to blame the world’s problems on Russia and China. The U.S. economy is aces – when the U.S. stock market drops it’s China’s fault. Bloomberg...
by irdadmin | May 10, 2016 | Financial Markets, U.S. Economy
The stock I feature in the latest issue of the Short Seller’s Journal was down 3.5% today. The company’s revenues are highly correlated with the GDP, which is going negative rather quickly. This stock easily has another $20 of downside by the middle of...
by irdadmin | May 9, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
I want to preface this commentary with the “proviso” that I have no idea how violent to the downside this attack on the precious metals will get. No one does. It could end today; it could end at the 50 dma (approx $1,248 on the front-month paper gold...
by irdadmin | May 9, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
Silver is up 25% YTD through last Friday. I have not checked every commodity and stock index, but if silver is not the best performing asset YTD, it’s in the top three. What’s more remarkable is that this move has occurred despite vociferous...