by irdadmin | Sep 16, 2016 | Financial Markets, Market Manipulation, U.S. Economy
Apple announced earlier this week that its “initial quantities” of the new iPhone 7+ had already sold out. Of course, it also announced a new policy in which it would not would disclose the first weekend sales volume of the new iPhone. Nothing like using...
by irdadmin | Sep 15, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
At 8:30 a.m. this morning, 10 minutes after the Comex gold pit opens, over 70 tons of gold was dropped into the entire Comex trading system. If this happened on the NYSE, one of the ECN’s (usually BATS) would have mysteriously “broke” and trading...
by irdadmin | Sep 14, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Federal Reserve intervention has killed natural market processes. The Fed is also starting to lose control of its ability to manipulate the markets. Today is a good example. The S&P and Dow are negative as I write this (2:30 EST) after staging a big early day...
by irdadmin | Sep 13, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I got an email from a colleague today that said, among other things: “The economy is tanking and, while you may be the most pessimistic around, you may not be pessimistic enough.” To that I would say that I’m significantly more bearish than is...
by irdadmin | Sep 13, 2016 | Financial Markets
The dollar hegemony is dying and the power structure that has leached an enormous amount of wealth from the “dollar reserve status” are none too happy about their wealth diminishing or evaporating completely. This is the main reason for creating a world war. This...
