by irdadmin | Dec 21, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Fed announced Wednesday that it would double its rate of taper, which means that by the end of March it will not longer be overtly dumping money into the banking system. It also implied, via its idiotic dot-plot, that there would be three interest hikes in 2022....
by irdadmin | Dec 14, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
I think the Fed knows that the fundamentals support a much higher gold price. I also believe that’s part of the reason that the Fed followed through on its taper threat, thereby posturing that it would tighten monetary policy, at least for now. That would...
by irdadmin | Dec 7, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
When someone plays with fire, that person eventually get burned. Most of the stocks Cathie Wood puts in her ETFs are the equivalent of playing with a blow-torch near puddles of gasoline. In 1999 retail “daytraders” partied until 1999 ended. A year later...
by irdadmin | Dec 6, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
There can be no denial of the high correlation between Bitcoin and the Nasdaq. The Nasdaq stocks were the favorite gambling chips for retail daytraders and reckless fund managers in the late 1990’s tech bubble. Now that internet technology, shrouded by...
by irdadmin | Dec 1, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Note: This commentary is from the November 25th issue of the Mining Stock Journal Without question, investing in the precious metals sector has been a pain in the ass for nearly the entire 20 years I’ve been involved. The official intervention, which has become...
by irdadmin | Nov 17, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals
Silver is both a monetary metal and store of wealth – as such older than gold in fact – and a metal that is critical to a multitude of industrial applications. Silver is not only historically cheap relative to gold, but it is headed into a major supply...
