by irdadmin | Sep 29, 2021 | Financial Markets, Market Manipulation, U.S. Economy
“The unsustainable will not be sustained, except through ever-increasing force and fraud.” – “Jesse,” Jesse’s Cafe Americain “The culture of Wall Street has now completely engulfed the Fed: it’s legal if you can get away with...
by irdadmin | Sep 23, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Are the central banks so scared by accelerating inflation that they have to take down the gold price and dismantle gold as an inflation barometer so as to temporarily fool the market? Or do the central banks know that further market turmoil is imminent and need to...
by irdadmin | Sep 13, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The gold price ran from $1,265 at the beginning of May 2019 to $2,089 in early August 2020. That’s a 65% move 15 months. Over that period of time gold outperformed every financial asset class. To some extent, the move was anticipating the price inflation...
by irdadmin | Sep 9, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
It’s my predilection to believe that the Fed not only will not taper but will eventually be forced to increase the amount of money it is printing, I believe we’ll see the mining stocks outperform the general stock market by a wide margin over the next 12...
by irdadmin | Sep 3, 2021 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
The chart above shows the gold/HUI ratio going back to 2001. I would have used GDX but I wanted to take the graph back to beginning of the precious metals bull market and GDX didn’t start trading until May 2006. It’s not perfect, but in general when the...
by irdadmin | Aug 23, 2021 | Financial Markets, Gold, Market Manipulation, U.S. Economy
Wall Street on Parade has discovered that three of the Fed’s programs used to monetize bad assets on the big Wall Street Bank balance sheets have been removed from the Fed’s monthly reports to Congress. The programs were legacy bailout facilities from the...