by irdadmin | Jul 9, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Jerome Powell will deliver the Fed’s semi-annual testimony on monetary policy (formerly known as the Humphrey-Hawkins testimony) to Congress this week. He’ll likely bore us to tears bloviating about “low inflation” and a “tight labor...
by irdadmin | Jul 2, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Chinese have been slowly trading out of their U.S. dollar exposure and converting it to gold. Something a lot of analysts don’t pay attention to because they don’t even know what the facts are [with regard to the actual amount of physical gold held by...
by irdadmin | Jun 27, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“We are confident we can produce further improvement in our results in the second half of this year” – KB Homes CEO in reference to its “returns-focused” growth model “Returns-Focused Growth Model.” Has a nice ring to it,...
by irdadmin | Jun 21, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
It’s not that we’ll mistake them for the truth. The real danger is that if we hear enough lies, then we no longer recognize the truth at all… – “Chernobyl” episode 1 opening monologue I’ve been discussing the significance of...
by irdadmin | Jun 19, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“The latest University of Michigan consumer confidence report noted that its index tracking those who think it’s a good time to buy a home has fallen by a hefty eight points in the past two months even as mortgage rates have dropped.” – Danielle...
by irdadmin | Jun 10, 2019 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The price of gold ran higher eight days in a row before today’s interventionist price smack. Technically, whatever that means, the gold price was likely due for a healthy pullback anyway. The price of gold is responding to what appears to be the Fed’s...