by Dave Kranzler | Jul 24, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Texas Instruments reported its Q2 yesterday after the close. Revenues were down 9% YoY for Q2 and management forecast an 11% decline for Q3. The stock market rewarded this fundamental deterioration in TXN’s business model by adding nearly $8 billion to...
by Dave Kranzler | Jul 22, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“Tesla’s headed for bankruptcy. It’s got a flawed business model; costs are way too high for the price charged for the vehicles and its riddled with accounting fraud. But the regulators will look the other way until it’s too late.” Silver...
by Dave Kranzler | Jul 18, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
My friend and colleague, Chris Powell, Treasurer of GATA, wrote a compelling essay on Modern Monetary Theory. MMT has been in operation by the western Central Banks since Bretton Woods. The “QE” program that began in 2008 is the most recent and blatant...
by Dave Kranzler | Jul 14, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“I don’t think it’s any coincidence that gold runs from $1285 to as high as $1445 around the time that all the news about Deutsche Bank started coming out” [the failure to merge with Commerzbank followed by the “good bank / bad...
by Dave Kranzler | Jul 11, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“You’ve assigned us the job of two direct, real-economy objectives: maximum employment, stable prices. If you assigned us [to] stabilize the dollar price of gold, monetary policy could do that, but the other things would fluctuate and we wouldn’t...
by Dave Kranzler | Jul 9, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Jerome Powell will deliver the Fed’s semi-annual testimony on monetary policy (formerly known as the Humphrey-Hawkins testimony) to Congress this week. He’ll likely bore us to tears bloviating about “low inflation” and a “tight labor...
