by irdadmin | Jun 18, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
After moving significantly higher on Wednesday and Thursday following the dovish monetary policy issued by both the Federal Reserve and the ECB, the precious metals were ambushed Friday morning by the Comex bank cartel. Right before the Comex gold pit opened on...
by irdadmin | Jun 16, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals
Sifting through Twitter, I came across a curious assertion posited as a reply to a post on “unemployment” on Steph Pomboy’s twitter feed (@spomboy). The tweeter asked, “have you noticed that gold is being dumped?” But was gold...
by irdadmin | Jun 14, 2018 | Financial Markets, Market Manipulation, U.S. Economy
The footnotes are the most interesting section of every financial and economic reports. They also happens to be least studied section of these reports. Those who prepare these reports rely on this fact. The monthly headline retail sales is based to a large extent on...
by irdadmin | Jun 13, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Retail, especially the “concept” retailers, are going parabolic. It makes no sense given the declining rate of personal consumption, retail sales, etc. The kinkiest names like RH, RL and W are going up like the dot.com stocks went up in late 1999/early...
by irdadmin | Jun 11, 2018 | Financial Markets
The market sentiment toward the precious metals is quite negative. Additionally, gold and silver are fighting both the ongoing official price-management, which seems to have intensified over the last 12 months, and the rising dollar. The rise in the dollar is...