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Another Blow-Off Top In Stocks?

by irdadmin | Jun 7, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

And just like  that, the  VIX index crashes right back to where it was before the late-January 10% drop in the stock market – a reflection that the remaining stock market speculators and hedge fund bots have been completely cleansed of any fear impulse that hit...

U.S. Labor Market Reports: Someone Is Lying

by irdadmin | Jun 5, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The propaganda laced with bold lies is enveloping the media. The JOLTS report (Job Openings and Labor Turnover)  released today alleges that the number of job openings in April hit a record.   Of course, the April number was based on large revisions to previous data. ...

Economic Collapse, Overvalued Stocks And The Stealth Bull Market In Gold

by irdadmin | Jun 3, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The narrative that the economy continues to improve is a myth, if not intentional mendacious propaganda. The economy can’t possibly improve with the average household living from paycheck to paycheck while trying to service hopeless levels of debt. In fact, the...

WTF Just Happened? Elites Scramble to Disable the Italian Economic Landmine

by irdadmin | Jun 2, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

Italy is financially disintegrating.  The banking world would not care except for one small detail:  If Italy defaults in its debt obligations, it will set off a daisy-chain of OTC derivative credit default swap defaults resembling a financial nuclear holocaust.  This...

No Virginia: The Falling Housing Market Isn’t About Tight Inventory

by irdadmin | Jun 1, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The National Association of Realtors released its monthly  “Pending” home sale report for April this morning.  It fell 1.3% from March.  The Wall Street analytic “brain trust” was looking for a 0.4% gain.  The housing data is repetitively...

Getting Rich On Taxpayer-Backed Subprime Mortgages

by irdadmin | May 27, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

A branch manager gets home loans for borrowers with weak credit or low incomes—and taxpayers back him up. – Bloomberg.com Bloomberg News featured a story today that I find to be an outrage. It seems that some punk kid in Houston – Angelo Christian –...
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