by irdadmin | May 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
So much for the jump in the builder’s confidence index reported last week. The Government reported a literal plunge in new home sales in April. Not only did the seasonally manipulated adjusted annualized sales rate drop 11.4% from March, it was 6% below Wall...
by irdadmin | May 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The S&P 500 and Dow have gone nowhere since March 1st. The SPX had been bumping its head on 2400 until Wednesday. The Dow and the SPX have been levitating on the backs of five tech stocks: AAPL, AMZN, FB, GOOG and MSFT. AAPL alone is responsible for 25% of the...
by irdadmin | May 22, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Silver Doctors / The News Doctors invited me onto their weekly SD Bullion Metals and Markets show to discuss why both the technicals and fundamentals are setting up for an unexpected rally into the summer in gold, silver and the mining shares, specifically the...
by irdadmin | May 21, 2017 | Financial Markets, Market Manipulation, U.S. Economy
Steven Mnuchin addressed the Senate Banking Committee and opined that breaking up the big banks would be a “huge mistake.” According to the Financial Times: Mr Muchin said forcing a split in the banking business would lead to significant problems in the...
by irdadmin | May 19, 2017 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
At the close of the Constitutional Convention of 1787, someone asked Ben Franklin: “have we got a Republic or a Monarchy?” To which Dr. Franklin replied, “A Republic – if you can keep it.” – from the notes of Dr. James McHenry,...
by irdadmin | May 19, 2017 | Financial Markets, Gold, Precious Metals
Silver has gone from being the cartel’s kryptonite to being its LHC, or Large Hadron Collider. There are a lot of theories on what is going on with silver but the reality will probably be something even more fantastic. I keep getting back to lumber by way of...
