by irdadmin | Jun 18, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Phil Kennedy of Kennedy Financial invited me onto his podcast to discuss the latest FOMC comedy show, gold, silver, mining stocks, cryptocurrencies and the housing market. Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new...
by irdadmin | Jun 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Many of you have contacted me about the sell-off in GDXJ and upcoming re-balancing that will occur at the end of this week (I think). First of all, thank you for your inquiries and please feel free to email me with questions/ideas. The only “dumb” question...
by irdadmin | Jun 15, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The answer is debatable but it depends on, exactly, to which rates you are referring. The Fed has “raised,” more like “nudged,” the Fed Funds target rate about 50 basis points (one-half of one percent) this year. That is, the Fed’s...
by irdadmin | Jun 14, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“If liberty means anything at all, it means the right to tell people what they do not want to hear.” – George Orwell There’s a narrative here that the Government, the Fed, the Trump Administration, etc conveniently ignored. Here’s the headline...
by irdadmin | Jun 8, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
One/some/several “entities” decided at 9:38 a.m. this morning that it was necessary to dump 14,315 contracts of paper gold. This is just the August contract. In total a lot more was unloaded. This represents 1.43 million ozs of gold. The Comex is...
by irdadmin | Jun 4, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Although it may not “feel” like it, the price of gold has been in a nice – albeit “controlled” – uptrend since late December (1-year daily, Comex continuous futures contract): Gold is up over 12% since 12/22/16. By comparison, the...
