by irdadmin | Jan 19, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“Gold, unlike all other commodities, is a currency…and the major thrust in the demand for gold is not for jewelry. It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.” ...
by irdadmin | Jan 14, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The market value of all outstanding bitcoin has risen $580bn since the start of last year, hitting a new record this week of more than $700bn. That closely matches the trajectory of Tesla: the electric car maker has added $670bn in market cap in the same period, and...
by irdadmin | Jan 8, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Gold and silver gave precious metals bulls a harrowing ride on the “down” price elevator on Friday, as gold had as much as $82 removed from its price and silver was hammered as much as 10%. However, make no mistake, the bulk of the sell-off occurred in the...
by irdadmin | Jan 8, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed will be compelled to print a lot more money this year under the guise of “stimulating the economy.” That money will be funneled to into the financial system to fund massive amounts of Treasury issuance. Printed money not used to fund Treasury...
by irdadmin | Jan 4, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Gold, silver and mining stocks are historically cheap in relation to the size of the money supply. And the Fed assured us after its December FOMC meeting that a lot more money supply is coming. Furthermore, mining stocks both have formed a powerful consolidation base...
