by irdadmin | Aug 29, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“There are no markets, only interventions” – Chris Powell, Treasurer and Director of GATA To refer to the trading of stocks as a “market” is not only an insult to any dictionary in the world that carries the definition of...
by irdadmin | Aug 27, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I had not noticed until I looked mid-day today (Thursday, Aug 24th) and saw that the HUI index was above 200. It ended up closing just above 200. I want to see it hold above 200 dma and move higher from there before I get excited. But the chart has become mildly...
by irdadmin | Aug 24, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
A concocted public relations scheme – an event which resembled the annual Punxsutawney ground-hog viewing tradition – in which the Treasury Secretary emerges from Ft Knox and proclaims, “the gold is safe” does not provide any evidence...
by irdadmin | Aug 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
There will be numerous excuses issued today by perma-bull analysts and financial tv morons explaining away the nearly 10% drop in new home sales. Wall Street was looking for the number of new homes, as reported by the Census Bureau, to be unchanged from June....
by irdadmin | Aug 21, 2017 | Financial Markets, Gold, Precious Metals
While I will maintain, until proven wrong by the test of time, that Bitcoin and Cryptocurrencies are nothing more than a temporary fad, investing with a long term outlook (20-30 years) gives the investor the best probability of generating life-style changing wealth....
