by irdadmin | Apr 30, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
“Generally at every level [of the market] there’s probably a lot more demand than there is supply. Another signal we’re seeing right [evidence of tight supply] is the intense effort in the gold and silver derivatives markets to hold down the prices....
by irdadmin | Apr 30, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“March 2021 Producer Prices exploded across the board, with record levels of annualized First-Quarter 2021 Inflation of 8.99% for Total PPI-FD, 16.04% for PPI-FD Goods Sector and 5.62% for PPI-FD Services Sector (BLS)…On the more-meaningful Goods side,...
by irdadmin | Apr 27, 2021 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Existing home sales, reported last Thursday, were down 3.7% from February (down 6.3% in February). Wall St was thinking they would rise 0.8%. The seasonally adjusted annualized sales rate dropped to 7-month lows. The reason for struggling existing home sales is...
by irdadmin | Apr 20, 2021 | Financial Markets, Market Manipulation, U.S. Economy
In an eerie parallel to late 1999/early 2020, retail “investor” money has flooded into the stock market. The rush of newbies are signing up in lemming-like droves for corrupted stock trading apps like Robinhood. Schwab reported opening 3.2 million new...
by irdadmin | Apr 20, 2021 | Financial Markets, Market Manipulation, U.S. Economy
PENN is now down $25 (21%) from when I presented the idea in the February 14th issue at $118. After wrestling with its 100 dma since March 29th, it closed a bit below it on Friday and decidedly below it today. PENN’s Chairman Emeritus sold 3,000,000 shares on...
