by irdadmin | Oct 28, 2020 | Financial Markets, Gold, Precious Metals
The following commentary is from Chris Powell, the Treasurer of GATA. I fully endorse his view. In fact, when the report initially surfaced that the World Gold Council reported Central Banks to be net sellers of gold in September, I summarily dismissed it for the...
by irdadmin | Oct 23, 2020 | Financial Markets
The precious metals sector began to pullback in early August after a frenzied run-up in July. The technical/momentum indicators were flashing “overbought.” In the meantime, most economic indicators have been telling us the so-called “V” bounce...
by irdadmin | Oct 21, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Another round of “QE” money printing, another round of the flight-to-safety rush into gold, silver and mining stock… For as insanely overvalued as are many of the “tech/unicorn” bubble stocks (SHOP, W, TSLA, CVNA, etc), the precious...
by irdadmin | Oct 16, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The big rally in Q2 continued into Q3 until early August. At that point, all of the technical and sentiment indicators I monitor were registering levels which indicated that the speculative frenzy that developed in July had reached the point of “boiling...
by irdadmin | Oct 9, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I’m the most disconnected from politics as I’ve ever been. It’s a waste of time. Capitol Hill is one big Kabuki Theatre performance space. The country is completely screwed and the elitists know it. Everyone who is in a position to grab wealth and...