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...
by irdadmin | Aug 13, 2021 | Financial Markets, Gold, Precious Metals
“The concept of transitory is really this: it is that, uh, the increases will happen. We’re not saying they will reverse. That’s not what transitory means. It means that the increases in prices will happen, so there will be inflation, but that the...
by irdadmin | Aug 12, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The concept of transitory is really this: it is that, uh, the increases will happen. We’re not saying they will reverse. That’s not what transitory means. It means that the increases in prices will happen, so there will be inflation, but that the...
by irdadmin | Aug 9, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
In the last FOMC policy announcement, the Fed announced that it is establishing a “standing” $500 billion repo facility open to domestic and foreign banks. A repo facility provides overnight or short term liquidity to the banking system. It moves liquidity...
by irdadmin | Aug 9, 2021 | Gold, Market Manipulation, Precious Metals
From GATA: Congratulations to Kitco News market analyst Jim Wyckoff for tiptoeing up to the gold market manipulation issue in his commentary this morning: KITCO – Gold Manipulation Wyckoff writes: “The overnight flash crash in gold and silver prices may...
by irdadmin | Aug 2, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Silver and gold have been under intense attack in the paper silver/gold derivative markets (Comex, OTC derivatives) and the London unallocated phony physical bullion market since August 2020. But I believe that is about to end. The precious metals sector was...