by irdadmin | Aug 18, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I started observing the slow-motion train-wreck in process in 2001 – a year removed from my perch as a junk bond trader on Wall Street and living several thousand miles away from NYC and DC in the Mile High City, where the view is a lot more clear than from...
by irdadmin | Aug 17, 2017 | Financial Markets, Market Manipulation, U.S. Economy
On December 1st, with a short-sell report I wrote on L Brands (LB) and published by Seeking Alpha (note: that was the last article I submitted to Seeking Alpha – you can now find my work on Simply Wall St.)that I used to launch the Short Seller’s Journal,...
by irdadmin | Aug 15, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
As a quick aside, I got an email today from a colleague, a self-admitted “very small fish,” who told me he was now getting cold calls from Goldman Sachs brokers offering “very interesting structured products.” I told him the last time I heard...
by irdadmin | Aug 14, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The economy continues to grow weaker despite all of the Fed, Wall St. and media propaganda to the contrary. The economy is growing weaker due to the deteriorating financial condition of the consumer, which is by far the biggest driver of GDP in the United States. The...
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,...
