by irdadmin | Aug 9, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
For the majority of the last 20 years, the western Central Banks, under the direction of the BIS, have been able to use the precious metals derivatives markets to “manage” the price of gold. As long as counterparties who are “synthetically”...
by irdadmin | Aug 7, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The global economy is headed uncontrollably toward the proverbial cliff. Although the Central Banks will once again attempt to defer this reality with more money printing and currency devaluation, systemic collapse is fait accompli. Gold and silver are behaving in a...
by irdadmin | Aug 6, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
…ushers in the restoration of price discovery in the precious metals market. The price of gold is at or near an all-time in most currencies except the dollar. This summer, however, it would appear that the dollar-based valuation of gold is starting to break the...
by irdadmin | Aug 2, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The price of gold has rejected numerous attempts by the banks to hammer the gold price below $1400 using paper gold derivatives on the Comex and the LBMA. I have not seen gold behave with such resiliency in the last 19 years when the Comex banks have an extremely...
by irdadmin | Jul 25, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
Currently gold and silver are behaving in a way that I have not seen since late 2008. The gold open interest on the Comex is near a record high (657,776 on July 11, 2016). The Comex banks continue pile into the short side while the hedge funds pile into the long side....
by irdadmin | Jul 24, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Texas Instruments reported its Q2 yesterday after the close. Revenues were down 9% YoY for Q2 and management forecast an 11% decline for Q3. The stock market rewarded this fundamental deterioration in TXN’s business model by adding nearly $8 billion to...
