by irdadmin | Feb 12, 2018 | Financial Markets, Market Manipulation, U.S. Economy
I wrote the following analysis on Amazon.com’s GAAP accounting manipulation for Seeking Alpha… Amazon.com (AMZN) released its earnings on Thursday, February 1st after the market closed. The headline net income number was $3.85/share. This blew away Wall...
by irdadmin | Feb 11, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Jim Rogers stated in an interview with Bloomberg that “the next bear market will be worst in my lifetime,” adding that he didn’t know when that bear market would occur. The stock market has become insanely overvalued. Before last week, several...
by irdadmin | Feb 8, 2018 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Is the Stock Market Rigged? Paul Craig Roberts, Dave Kranzler, and Michael Hudson On February 6 PCR asked if the Plunge Protection Team had stepped in and prevented a stock market correction by purchasing equity index futures....
by irdadmin | Feb 6, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Yesterday was amusing. The meat with mouths on the so-called financial networks were crying, “how could this have happened.” Funny thing, that. They don’t raise the slightest doubt of conviction when the Dow soars 2,676 points in less than two...
by irdadmin | Feb 2, 2018 | Financial Markets, Market Manipulation, U.S. Economy
Yesterday ahead of earnings, AMZN’s stock dropped $60, with $30 of that drop occurring in the last hour of trading. It’s almost as if market-makers, with their customary preview of the impending AMZN headline EPS report in hand, intentionally took the...
by irdadmin | Jan 31, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Fed’s tightening plan sounds like my fat buddy’s diet plan at my workplace. He still scarfs down his usual 2 Big Macs a day (sometimes 3), but has lately taken to washing it down with a diet Coke instead of a regular Coke. “Gotta watch my weight”, he recently told...
