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Rare Honesty From A Corporate CEO

by irdadmin | Feb 8, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

In my view, the mood of these markets is in stark contrast with the many unknown from our current economic and political landscape, both here and abroad. For me, it’s a major disconnect, and it concerns me.  – James Tisch, Loews CEO (call transcript...

IRD To Mitch McConnell: Exactly Who Is The Thug?

by irdadmin | Feb 8, 2017 | Financial Markets, U.S. Economy

The NY Post reported that Senate Republican “leader,” Mitch McConnell called Vladimir Putin a “thug” in response to DJT’s interview on 60 minutes.   It’s hard for the U.S. Deep State to hide the U.S. military build-up in the NATO...

Trump Will Be Great For Gold And Silver (If Nothing Else)

by irdadmin | Feb 6, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals

I love days like today when both gold and the dollar are green. Historically, some of the best moves in gold occur as gold and the dollar move up together for short period of time. Today, of course, is just one day. And there’s no question that the Trump...

A Preposterous Jobs Report And Preposterous AMZN Earnings

by irdadmin | Feb 3, 2017 | Financial Markets, Market Manipulation, U.S. Economy

On a trailing twelve month quarterly basis, AMZN’s operating income growth has plunged from 30.2% in Q2 2015 to just 3.6% in Q4 2016.  This is a stunning drop in growth considering that AMZN’s stock is trading at 92x operating income and 134x net income....

The Apartment Glut Cometh – Adios Housing Market

by irdadmin | Feb 1, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

Driving by the west-side border of downtown Denver (on I-25), I can count 9 cranes in air plus one semi-finished high-rise building.  What’s amusing about this is that there’s already an oversupply of rental apartments and condos as the 1-2 month free +...
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