by irdadmin | May 9, 2022 | Financial Markets, Gold, Housing Market, Precious Metals, U.S. Economy
I’m starting to believe that the housing market may have hit a wall in April. The graphic below is my reconstitution of the two charts sourced from Reventure Consulting (RC). It’s self-explanatory: Amusingly, I’ve noticed articles in the mainstream...
by irdadmin | May 2, 2022 | Financial Markets, U.S. Economy, Uncategorized
Back in 2004, I was chatting with the person who dragged me kicking and screaming into the precious metals sector in 2001. The problem with diving into the world of precious metals is that it’s the equivalent of involuntarily taking the “red pill.” ...
by irdadmin | Apr 29, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals
Short answer – no – next leg higher could be spectacular: ************************************ Love the Weakness When It Comes—and Buy More – Sprott Money Monthly Wrap-Up: ************************************* ******************************* Many of...
by irdadmin | Apr 18, 2022 | Financial Markets, Gold, Precious Metals
“Paper money eventually returns to its intrinsic value — zero.” – Voltaire. The public is going to get a painful lesson about the difference between fiat currency and real money, where “real money” is defined as physical gold and silver....
by irdadmin | Apr 4, 2022 | Financial Markets, Market Manipulation, U.S. Economy
Meme stock mania is back in full idiocy. And it’s time again to revisit $GME as a short. On March 14th, GME closed at $$78, its lowest level in February 23, 2021. The stock had been down nearly 75% since June 9, 2021. But after the market closed on March 21st,...
by irdadmin | Mar 29, 2022 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“We are witnessing the birth of Bretton Woods III – a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West.” – Zoltan...