by irdadmin | Jan 7, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The stock market has become the United States’ “sacred cow.” For some reason stock prices have become synonymous with economic growth and prosperity. In truth, the stock market is nothing more than a reflection of the inflation/currency devaluation...
by irdadmin | Jan 4, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
Silver is up 12.4% since November 11th, gold is up 9.3% since August 15th. But the GDX mining stock ETF is up 21.4 % since September 11th. GDX is actually up 71% since mid- January 2016. By comparison, the SPX is up just 34% over the same time period (Jan 19th,...
by irdadmin | Jan 2, 2019 | Financial Markets, Gold, Precious Metals
A quiet bull market in mining stocks is underway. The GDX ETF closed trading on New Year’s Eve up 2.37%. Through Monday, the GDX has risen 20% since hitting a 52-week low close of $17.57 on September 11, 2018. In popular parlance, GDX is now in a “bull...
by irdadmin | Dec 31, 2018 | Financial Markets
It’s time to end the absurd “war on terror.” What exactly is the U.S. Government fighting? Hillary Clinton asserted that pulling out of Syria would “put our national security as grave risk.” Huh? I see the U.S. military terrorizing the...
by irdadmin | Dec 27, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, U.S. Economy
“Commentators keep asking why the Fed can’t raise rates if the economy is so strong? They still don’t realize that the economy was never strong. They confuse a bubble for strength. Without 0% rates and QE the bubble can’t survive. But a return...
