by irdadmin | Jan 25, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The admission that the economy is so weak that it needs more QE is going to destroy the narrative that the U.S. economy is in great shape and it’s no longer going to be the safe haven for capital around the world…it’s going to prick the bubble in the...
by irdadmin | Jan 25, 2016 | Financial Markets, Market Manipulation, U.S. Economy
When I saw this comment from Ray Dalio I said to myself, “this isn’t someone trying to be a prognosticator or compassionate person, this is someone that has had an epiphany that his huge success probably had more to do with his rolodex and endless supply...
by irdadmin | Jan 24, 2016 | Financial Markets, Housing Market, U.S. Economy
“The banks are still clinging to their reserve reports and praying. The bonds are all toast. Most are in the single digits or teens.” I asked a former colleague of mine from my Bankers Trust junk bond days who is now a distressed debt trader what was going...
by irdadmin | Jan 22, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
What about the biggest rise in existing home sales on record in December? These guys are offending my sensibilities. By virtue of all the fake statistics and bogus market action, there has to be something seriously wrong right now. – John Embry email to IRD...
by irdadmin | Jan 21, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
We’re headed toward another big credit explosion and I think what’s happened in the oil market is will trigger that. The perfect poster-child of what’s going to happen to the stock market is what’s happened to Kinder Morgan stock. –...
