by irdadmin | Feb 11, 2021 | Financial Markets, Market Manipulation, U.S. Economy
“If you can’t spot the sucker in the first half hour at the poker table, then you are the sucker.” – a quote attributable to several sources. Well, easy come, easy go for the Reddit retail traders who rode their GME shares and call options up and then back...
by irdadmin | Feb 8, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
Many of you are familiar with the shell game street-scam, most commonly encountered in NYC, crafted to fleece money from unsuspecting tourists. As it turns out, it’s quite probable that the silver and gold bar custodial business is likely one big shell game....
by irdadmin | Feb 5, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
“I really did not want the Reddit crowd to get involved in the precious metals like this because I knew there was a risk that it would be short-lived. Silver now [as of Tuesday morning] is down more than it was up yesterday…unfortunately my cynical side is...
by irdadmin | Feb 4, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, Uncategorized
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” “What brought it on?” “Friends,” said Mike. “I had a lot of friends. False friends. Then I had creditors, too. Probably had more creditors than anybody in England.” –...
by irdadmin | Feb 1, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Unfortunately, unless the physical market can be squeezed, at some point the bullion banks like JP Morgan and HSBC – with help from the Central Banks and the BIS – will be able to regain their grip on the pricing of gold and silver using derivatives...
