by irdadmin | Jan 4, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked, ‘Account overdrawn.’ – Francisco’s “Money” Speech – from “Atlas Shrugged”...
by irdadmin | Jan 3, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
No society that depends on money can work for long if nobody knows the true value of things, including the value of money itself. The price of attempting to live in a culture of pervasive dishonesty is that a re-set is inevitable. When it happens, it will be hugely...
by irdadmin | Jan 2, 2018 | Financial Markets, U.S. Economy
I experienced a real eye-opener this past week. The lease on my fiance’s Audi A3 terminates soon. I was scanning the “pre-owned” inventory at the two largest Audi dealers in Denver expecting to see some good deals on 2013/2014 Audi A4’s that...
by irdadmin | Dec 28, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
In Hemingway’s, “The Sun Also Rises,” one of the characters, Bill, asks his friend, “Mike,” how he went bankrupt. Mike replied, “I had a lot of friends. False friends. Then I had creditors…” This passage from the novel...
by irdadmin | Dec 25, 2017 | Financial Markets
When you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed....
by irdadmin | Dec 23, 2017 | Financial Markets, Gold, Precious Metals
Novo is not worth the $544 million market cap based on Friday’s close using fully-diluted shares. Novo might eventually be worth $600 million or even more. But that reality is several years away. I have been recommending selling to my Mining Stock Journal...
