by irdadmin | May 29, 2016 | Financial Markets, Housing Market, U.S. Economy
Every day that life goes by and there’s no disruption I consider that a bonus. – John Embry We are currently sitting on the edge on another housing and commercial real estate market disaster. The financial system was never “fixed” or...
by irdadmin | May 27, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Except for its western hemisphere lap-dogs and chattel, the U.S. “defense” strategy has been the implementation of a highly “offensive” (in both senses of the word here) policy of military and economic antagonism. What unfolding of events in...
by irdadmin | May 27, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
I can make the case, Dave, gold and silver may never have been cheaper than they are at the bottom in this cycle compared to the amount of money, and particularly debt, in the world. So, to me, this move we’ve had so far this year is, it’s like a rounding error. –...
by irdadmin | May 25, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
When you own gold, it’s money that you own. Everything else circulating around here is currency – you don’t really own it. The cash you have in your pocket is Federal Reserve Notes [meaning you possess a liability of the Federal Reserve and your...
by irdadmin | May 25, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I described the other day what a circus the inter-FOMC meeting periods have become. One by one Fed clowns appear to describe an economy at full employment and threaten us with another one-quarter of one percent Fed Funds rate hike. Since this process has started...