by irdadmin | Nov 1, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“By sticking to the new orthodoxy of monetary policy and pretending that we have made the banking system safe, we are sleepwalking towards that crisis.” – Mervyn King, former head of the Bank of England in a lecture at the IMF’s recent annual meeting The...
by irdadmin | Oct 28, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
There’s a strong probability that the Fed’s “non-QE” QE operations will morph into a full-blown money printing program that will exceed the one implemented starting in late 2008. The same fundamentals variables that fueled a massive move in the...
by irdadmin | Oct 22, 2019 | Financial Markets, Gold, Market Manipulation, U.S. Economy
“Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes...
by irdadmin | Oct 20, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Fed is printing money again – this time disguised as “repo operations” instead of “QE.” The price of gold and silver rallied over the summer anticipating an easier monetary policy. The economic problems and financial system excesses...
by irdadmin | Oct 14, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“De Nederlandsche Bank (DNB) holds more than 600 tonnes of gold. A bar of gold always retains its value, crisis or no crisis. This creates a sense of security. A central bank’s gold stock is therefore regarded as a symbol of solidity Shares, bonds and...
by irdadmin | Oct 10, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Bank for International Settlements (BIS) – the Central Bank of Central Banks – released two reports on “unconventional policy tools” – e.g. QE/money printing and interest rate suppression. It concluded that the extreme Central Bank...
