by irdadmin | Feb 5, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Price inflation has been badly misrepresented by CPI figures and have been averaging closer to about 8% annually since gold topped in Sept 2011. Since then the purchasing power of the dollar has declined by about 43%, so that in 2011 dollars the gold price is $740. No...
by irdadmin | Jan 30, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The mis-pricing of money and credit has also driven a terrible misallocation of capital and kept unproductive zombie debtors alive for too long. Saxo Bank, “Beware The Global Policy Panic” “Mis-pricing of money and credit” refers to the ability...
by irdadmin | Jan 29, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“The economic and financial condition of the U.S. and global economy is similar to that of 2008, although I think now it’s a lot worse than it was back then…the ‘gravity’ of true fundamentals has finally gotten ahold of...
by irdadmin | Jan 26, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
First it was the loudly broadcast convening of the Working Group on Financial Markets – aka “the Plunge Protection Team” – by the PPT’s el Jefe, Steven Mnuchin. This was followed the “mouse that roared” speech from Fed head,...
by irdadmin | Jan 24, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals
One way or another, the eventual fate of the dollar is inevitable… “Super-conservative investors purchase dollars and keep them “under the pillow, which is not very safe” Russian gold could become the perfect alternative to conservative investments...
by irdadmin | Jan 22, 2019 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The Newmont/Goldcorp merger is the second mega-deal in the industry after Barrick acquired RandGold in September. Without question, the two deals reflect the growing need for large gold and silver mining companies to replace reserves, which are being depleted at these...
