by irdadmin | Sep 15, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
At 8:30 a.m. this morning, 10 minutes after the Comex gold pit opens, over 70 tons of gold was dropped into the entire Comex trading system. If this happened on the NYSE, one of the ECN’s (usually BATS) would have mysteriously “broke” and trading...
by irdadmin | Sep 14, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Federal Reserve intervention has killed natural market processes. The Fed is also starting to lose control of its ability to manipulate the markets. Today is a good example. The S&P and Dow are negative as I write this (2:30 EST) after staging a big early day...
by irdadmin | Sep 13, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I got an email from a colleague today that said, among other things: “The economy is tanking and, while you may be the most pessimistic around, you may not be pessimistic enough.” To that I would say that I’m significantly more bearish than is...
by irdadmin | Sep 13, 2016 | Financial Markets
The dollar hegemony is dying and the power structure that has leached an enormous amount of wealth from the “dollar reserve status” are none too happy about their wealth diminishing or evaporating completely. This is the main reason for creating a world war. This...
by irdadmin | Sep 13, 2016 | Financial Markets, Housing Market, U.S. Economy
The FOMC can raise interest rates any time it desires, without prior approval from anyone outside the Fed. Accordingly, the ncreased hype primarily has to be aimed at manipulating the various markets, such as propping the U.S. dollar. Separately, it remains highly...
by irdadmin | Sep 12, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
It was reported last week that the Norwegian and Swiss Central Banks had accumulated large positions in several high quality gold and silver mining stocks. Why would these bankers want to own producers of a barbarous relic? This is not some scheme to load up on...
