by irdadmin | Aug 23, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Absurd surges in new home sales activity were not significant…Headline reporting of this series is of no substance, as seen frequently with massive, unstable and continuously shifting revisions of recent history… – John Williams, Shadowstats.com on...
by irdadmin | Aug 23, 2016 | Financial Markets, Housing Market, U.S. Economy
The three primary drivers of the economy are starting to head south: retail, housing, autos. I can smell the housing market slipping away now. I’ve been early on housing, like I was when the mid-2000’s Bubble 1.0 popped, but I was eventually very correct...
by irdadmin | Aug 22, 2016 | Financial Markets, Market Manipulation
The mainstream U.S. media has been propagating outright lies about the alleged geopolitical belligerence of Russia and China when, in fact, the United States Government has been the implementing the world’s most aggressive and deadly deployment of military...
by irdadmin | Aug 22, 2016 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Stanley Fisher embarrassed himself and the Fed today by regurgitating the standard Fed threat to raise rates in 2016. The Fed officials are starting to sound like that teacher on the Peanuts cartoon: We are close to our targets,” Fischer said in a speech at the Aspen...
by irdadmin | Aug 18, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Central counterparties keep records of trades and help suck risk out of the banking system, but this only works if they themselves are well capitalised and have plans in place to deal with a sudden collapse of one or more of its members and get close to failure....