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Mining Stocks Are Historically Undervalued

by irdadmin | Jun 3, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals

The mining stocks are more undervalued relative to the S&P 500 than at any time since 2005: The mining stocks, especially the juniors, are more undervalued relative to the price of gold than at anytime in the last 18 years except late 2000 and December 2015. The...

WTF Just Happened? Elites Scramble to Disable the Italian Economic Landmine

by irdadmin | Jun 2, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

Italy is financially disintegrating.  The banking world would not care except for one small detail:  If Italy defaults in its debt obligations, it will set off a daisy-chain of OTC derivative credit default swap defaults resembling a financial nuclear holocaust.  This...

No Virginia: The Falling Housing Market Isn’t About Tight Inventory

by irdadmin | Jun 1, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The National Association of Realtors released its monthly  “Pending” home sale report for April this morning.  It fell 1.3% from March.  The Wall Street analytic “brain trust” was looking for a 0.4% gain.  The housing data is repetitively...
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