by irdadmin | Oct 2, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed often treats financial markets as a beast to be tamed, a cub to be coddled, or a market to be manipulated. It appears in thrall to financial markets, and financial markets are in thrall to the Fed, but only one will get the last word. – Former FOMC...
by irdadmin | Sep 30, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
IRD Note: Along with the housing market, the entire economy is beginning to collapse. Unless the Fed implements another round of trillions in money printing, the laws of economics will take control of the system. With the housing market, the point of inflection...
by irdadmin | Sep 28, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Existing Home Sales were released Wednesday and the NAR’s seasonally adjusted annualized rate metric was down 1.7% from July. July was down 1.3% from June. The NAR’s SAAR metric is at its lowest rate since last August. Naturally the hurricane that hit...
by irdadmin | Sep 27, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Wash, rinse, repeat. The American public never gets tired of the destructive abuse it suffers from Wall St. The deep sub-prime mortgage market is roaring back and, with it, the nuclear bomb-laden derivatives that triggered round one of The Big Short de facto financial...
by irdadmin | Sep 25, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The official lies about the economy keep mounting. The Dallas Fed reports that its regional economic activity metric surged in early September, despite the complete shut-down of Houston for a few days during the “measurement” period. The “general...
by irdadmin | Sep 23, 2017 | Financial Markets, Market Manipulation, U.S. Economy
The “crisis” quote above originated with Winston Churchill. Several U.S. politicians have referenced it since then (most recently Rahm Emanuel when he was Obama’s Chief of Staff). I’m sure the Wall Street snake-oil salesmen and economic...
