by irdadmin | Nov 25, 2019 | Financial Markets, Market Manipulation, U.S. Economy
How does NFLX manage to show positive net income yet burn hundreds of millions of dollars each quarter? It’s the magic of GAAP accounting. I did a detailed analysis for my Short Seller’s Journal subscribers back in 2017. Each quarter NFLX has to spend...
by irdadmin | Nov 22, 2019 | Financial Markets, Market Manipulation, U.S. Economy
I’m sure most of you are inundated with “Black November,” “70% off” and “clearance” email promotions from the usual cast of brick/mortar/online chain retailers. It started with my inbox in October. This is because retailers...
by irdadmin | Nov 21, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
In what has become a recent routinized pattern in the price of gold (and silver), the market rallies during peak Indian gold market hours and then sells off when London opens. After the customary price take-down when the Comex floor trading opens, gold and (and...
by irdadmin | Nov 18, 2019 | Financial Markets, Gold, Market Manipulation, U.S. Economy
A couple days after the CME allowed clearing members to use warehouse warrants as collateral for the mandatory performance bond, the new form of collateral was implemented by HSBC. With help from Craig Hemke (TF Metals Report) it appears as if the Comex activated a...
by irdadmin | Nov 15, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
A mysterious “pledged gold” entry has just showed up on the Comex gold warehouse report. The definition of this new warehouse stock classification for gold is provided in Chapter 7 of the New York Mercantile Exchange rulebook. In brief,...
by irdadmin | Nov 13, 2019 | Financial Markets
Multiple technical signs are pointing to a possible sharp sell-off in stocks. Too be sure, the amount of money the Fed is printing and putting into the financial system might defer the inevitable, but at some point the stock market is going to converge with the...
