by irdadmin | Jun 2, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Italy is financially disintegrating. The banking world would not care except for one small detail: If Italy defaults in its debt obligations, it will set off a daisy-chain of OTC derivative credit default swap defaults resembling a financial nuclear holocaust. This...
by irdadmin | Jun 1, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The National Association of Realtors released its monthly “Pending” home sale report for April this morning. It fell 1.3% from March. The Wall Street analytic “brain trust” was looking for a 0.4% gain. The housing data is repetitively...
by irdadmin | May 27, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
A branch manager gets home loans for borrowers with weak credit or low incomes—and taxpayers back him up. – Bloomberg.com Bloomberg News featured a story today that I find to be an outrage. It seems that some punk kid in Houston – Angelo Christian –...
by irdadmin | May 24, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Rising energy prices and collapsing emerging currencies are two developments that are not receiving much attention in the mainstream propaganda narrative. But either development which could end up “pulling the rug” out from underneath the markets. I pieced...
by irdadmin | May 23, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Patrick Vierra of Singapore Bullion invited me to discuss precious metals, the stock market and the fiat currency-fueled asset bubbles that will blow-up sooner or later. I explain why investing in gold requires a long term perspective on investing and wealth...
by irdadmin | May 22, 2018 | Financial Markets, Housing Market, Precious Metals, U.S. Economy
Someone or some entity – likely a hedge fund – bought 4500 September $35-strike puts on XHB on Thursday last week when XHB was trading just above $39. That’s a $225,000 speculative bet that the XHB drops more than 15% by mid-September. This morning...
