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Can Valeant Go To Zero?

by irdadmin | Mar 14, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy

Valeant (VRX) stock is now at $10. After a brief, Roman Candle launch to $260, $10 is the level where it traded in early 2009. It may be one of the few stocks that has gone back its financial crisis trading level. It is now likely on a long, slow death march to zero....

The U.S. System Needs To Reset – It Will Be Painful

by irdadmin | Mar 13, 2017 | Financial Markets

In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists, and will persist.   – from President...

Bank Loans Take A Dive: It’s The Economy, Stupid

by irdadmin | Mar 13, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

I am compelled to correct a report posted on Zerohedge about the cliff-dive going on in commercial, industrial and consumer loans. The report in ZH suggested the plunge is connected to two possibilities: 1) this one from a Wall Street sleazebag from Barclays:...

What Will Catch The Falling Housing Market Knife This Time?

by irdadmin | Mar 12, 2017 | Financial Markets, Housing Market, U.S. Economy

“There’s so much inventory, and that influx is hitting across all price points, even studios.” – director of leasing at Douglas Elliman (NYC). NYC was one of the first markets hit hard in 2007-2008. For awhile, any weakness in the NYC housing...

Hugo Salinas Price: The World Will Hyperinflate Into A Gold Standard

by irdadmin | Mar 10, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals

If one can only see value in paper currency terms, one cannot see value at all Hugo Salinas Price – website link – posted a couple of comments on Stewart Dougherty’s guest post earlier this week. I concluded that his insights needed to be shared on...
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