by irdadmin | Oct 2, 2019 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“[Whatever] the repo failure involved, it is likely to prove a watershed moment, causing US bankers to more widely consider their exposure to counterparty risk and risky loans, particularly leveraged loans and their collateralised form in CLOs. a new banking...
by irdadmin | Sep 26, 2019 | Financial Markets, Gold, Market Manipulation, U.S. Economy
“Central Banks are panicking…the whole system is on the verge of disappearing into a black hole.” – Egon Von Greyerz on USAWatchdog.com On Wednesday, after Wednesday’s overnight Repo operation had $92 billion in demand for the $75 billion...
by irdadmin | Sep 23, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
It would be difficult to find a chart with a more bullish set-up than that of GDX unless it was a chart of the imminent move higher in the U.S. dollar money supply: The Fed was unable to move the Fed funds rate within 50% of the long term average...
by irdadmin | Sep 19, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“We can ignore reality, but we cannot ignore the consequences of ignoring reality.” – Ayn Rand Something big is happening beneath the surface of a Dow and S&P 500 trading near all-time highs. The soaring repo rate, more demand for overnight Fed funding loans...
by irdadmin | Sep 16, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
For anyone who has studied the issue in-depth, there’s no question that Governments and Central Banks interfere in the gold market (and silver). The motive is undeniable. Removing price discovery from the gold market enables the Central Banks to sustain the...