by irdadmin | Feb 29, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The coronavirus crisis is perhaps the real “Black Swan” that no one saw coming. While the virus pulled the trigger on the loaded weapon aimed at the stock market, it’s not the cause of the 2nd fastest 10% decline in the history of stock market. ...
by irdadmin | Feb 25, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Two economic reports were released which demonstrate that the money printing is not helping the economy. In the fourth quarter of 2019, U.S. household debt pushed over $14 trillion, reaching an all-time record high. This was fueled by a surge in mortgage and credit...
by irdadmin | Feb 22, 2020 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
And it’s not just gold. The Fed is already hinting that more money printing is coming. Powell suggested at his semi-annual Congressional testimony that QE would be used in the next recession. A couple other Fed officials this week confirmed that the FOMC is...
by irdadmin | Feb 20, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Q: “Why is the Fed reluctant to let the boom-bust nature of markets play out?” A: “Because it what’s they’ve always done [since the Fed was founded in 1913]…Once you’re in power, you’re going to do what you can to defend...
by irdadmin | Feb 17, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I made the observation back in 2004 that the elitists would keep the financial and economic system from collapsing using printing money and debt for as long as it took for them to sweep every last crumb of middle class wealth off the table and into their own pockets. ...
