by irdadmin | Aug 12, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
After hitting an all-time low of 8.84 three weeks ago, the VIX more than doubled at one point this past week, closing up 55% for the week. The attributed cause, those far from the primary reason, was the childish verbal skirmish between North Korea and Trump. The...
by irdadmin | Aug 10, 2017 | Financial Markets, Market Manipulation, U.S. Economy
SNAP just reported earnings and plunged after hours after missing everything. It burned through $288 million in cash. The more it spends, the more it loses. An operational Ponzi scheme of sorts. The SNAP IPO was led by Morgan Stanley, Goldman Sachs, JP Morgan,...
by irdadmin | Aug 9, 2017 | Financial Markets
“These digital currencies might make fiat currencies look good. That’s how bad they are.” – Peter Schiff Until proven otherwise, Bitcoin, and all cryptocurrencies for that matter, are faith-based “currencies,” just like the U.S....
by irdadmin | Aug 8, 2017 | Financial Markets, Gold, Market Manipulation, U.S. Economy
“The combination of central banker-applied brute force (buying everything in sight) and deitylike central banker pronouncements has dampened market volatility and frisky free-lancing, but at the same time it has encouraged risk taking (in market positioning, not...
by irdadmin | Aug 4, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
With the release of the latest BLSBS at 8:30am EST, the market interventionists were set up for a spectacular effort today. The S&P was first out of the gate, to the upside of course, and the precious metals were slammed. Ironically, the impulse triggered by the...
by irdadmin | Aug 4, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
First this, but don’t take our word for it: The US Dollar is under considerable pressure. Week after week, we talk about how the dollar has been going down for the count. It can only take so many hits. Gold and silver are the safe haven assets to own through a...
