by irdadmin | May 29, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals
An article from Bloomberg was published 2 days ago which alleged that “New York Gold Traders Drown in Glut…” The Comex is now reporting there’s 26 million ozs of gold in Comex vaults, 17 million of which is in the “eligible”...
by irdadmin | May 25, 2020 | Financial Markets
Scott Pelley, “60 Minutes:” “Where does it [money] come from?” Do you just print it?” Jay Powell: “We print it digitally. So as a central bank, we have the ability to create money digitally. And we do that by buying Treasury Bills...
by irdadmin | May 20, 2020 | Financial Markets, Gold, Precious Metals, U.S. Economy
The chart above speaks for itself. You could not find a more bullish chart set-up in the stock market. Note that the HUI/Dow ration bottomed out in late 2019 at the same level where it bottomed in late 2000. Most investors in this sector were not around for the...
by irdadmin | May 18, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“If you want to buy gold and silver, why are you buying GLD and SLV? The best case if that you are going to index the price movement in gold and silver. But when you sell GLD they don’t send you bars of gold, you get dollars in your account –...
by irdadmin | May 15, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The precious metals sector continues to be glaringly ignored by the mainstream financial media and most “alternative” forms of media. This is a “loud” indicator that the fattest part of the bull move is yet to come. YTD gold is up 11.8%, GDX is...
