by irdadmin | Feb 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The demand for gold in India and China so far this year has soared, a fact which is completely ignored by the western financial media. The ex-duty Indian gold import premiums (approximately $10 earlier this week) are quite remarkable, “as the need to import kilo...
by irdadmin | Feb 14, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
These premiums [the ex-duty import prices being paid for legal kilo bar imports in India] are actually quite remarkable as the need to import kilo bars only arises if Indian demand is not satisfied by Dore imports (which had a duty advantage of $15.52/oz this...
by irdadmin | Feb 12, 2017 | Financial Markets, Gold, Precious Metals, U.S. Economy
Get prepared because we’re going to have the worst economic problems we’ve had in your lifetime or my lifetime. – Jim Rogers, Macro Outlook in the Trump Era – MacroVoices Make no mistake, it’s going to get ugly at some point in 2017....
by irdadmin | Feb 10, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Too much debt, poor capital allocation decisions (McMansions, expensive leased cars, spending to “keep up with the Jones’) and declining disposable income. It’s hitting the general middle class in America similarly to the way in which it is hitting...
by irdadmin | Feb 9, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Central banks stand ready to lease gold in increasing quantities should the price rise. – Alan Greenspan, 1998 in Congressional testimony on OTC derivatives Gold has been in a steady uptrend since December 18th, bottoming at $1131 after a four and half month...