by irdadmin | Aug 21, 2017 | Financial Markets, Gold, Precious Metals
While I will maintain, until proven wrong by the test of time, that Bitcoin and Cryptocurrencies are nothing more than a temporary fad, investing with a long term outlook (20-30 years) gives the investor the best probability of generating life-style changing wealth....
by irdadmin | Aug 18, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
I started observing the slow-motion train-wreck in process in 2001 – a year removed from my perch as a junk bond trader on Wall Street and living several thousand miles away from NYC and DC in the Mile High City, where the view is a lot more clear than from...
by irdadmin | Aug 15, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
As a quick aside, I got an email today from a colleague, a self-admitted “very small fish,” who told me he was now getting cold calls from Goldman Sachs brokers offering “very interesting structured products.” I told him the last time I heard...
by irdadmin | Aug 12, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
After hitting an all-time low of 8.84 three weeks ago, the VIX more than doubled at one point this past week, closing up 55% for the week. The attributed cause, those far from the primary reason, was the childish verbal skirmish between North Korea and Trump. The...
by irdadmin | Aug 8, 2017 | Financial Markets, Gold, Market Manipulation, U.S. Economy
“The combination of central banker-applied brute force (buying everything in sight) and deitylike central banker pronouncements has dampened market volatility and frisky free-lancing, but at the same time it has encouraged risk taking (in market positioning, not...
by irdadmin | Aug 4, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
With the release of the latest BLSBS at 8:30am EST, the market interventionists were set up for a spectacular effort today. The S&P was first out of the gate, to the upside of course, and the precious metals were slammed. Ironically, the impulse triggered by the...
