by irdadmin | May 16, 2017 | Financial Markets, Gold, Precious Metals
As reported on Bloomberg TV: “Barrick Gold Corp was back in favor with fund managers last quarter, before the world’s biggest bullion producer reported disappointing earnings and rising costs…Billionaire investor Stan Druckenmiller’s Duquense...
by irdadmin | May 15, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Whenever I constructed a “difficult to sell” muni deal, I could count on the Rochester Family of Funds[Oppenheimer’s Rochester muni fund complex] to buy the deal if there was some “juice” in the yield. After all its other peoples money right? – an email...
by irdadmin | May 14, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
You’ve probably heard/read a lot lately about the VIX index. The VIX index is a measure of the implied volatility of S&P 500 index options. The VIX is popularly known as a market “fear” index. The concept underlying the VIX is that it measures...
by irdadmin | May 12, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Global demand for silver declined from 2015 to 2016 by 123 million ozs per numbers from the Silver Institute presented in an article on The Daily Coin yesterday. In fact, for the demand categories primarily driven by the consumer, demand plummeted 125 million ozs,...
by irdadmin | May 11, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The economy is collapsing as the credit creation, which has been the device used to cover-up structural economic decay after the official money printing program terminated, has hit a wall. Retail sales are the first to bear the financial beating consumers are taking,...
by irdadmin | May 10, 2017 | Financial Markets, Market Manipulation, U.S. Economy
SNAP just reported horrible numbers vs. Wall Street forecasts. Net income was actually a Net loss of $2.31 vs. a loss of 19 cents forecast. Revenues were light by $8 million, coming in at $149.6mm vs. $157.9 million expected. Active subscribers were also lower than...
