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Housing Heads South – Precious Metals Getting Ready To Soar

by irdadmin | Aug 12, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

“We’re now forecasting slower revenue growth for the third quarter based on an unexpected drop in Redfin’s bookings growth in the past three weeks, slowing traffic growth in a weakening real estate market.” – CEO of Redfin (RDFN) on the...

WTF Just Happened: Gold Forms A Bottom And 420-Time For Elon Musk

by irdadmin | Aug 10, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

Perhaps the most baffling aspect of the Elon Musk “Funding Secured” tweet is the number of financial media outlets and so-called “analysts” that are taking it seriously. The idea is a complete joke. Any valuation in excess of potential asset...

The Trading Action In Gold

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

There’s no question in my mind that the intervention in the gold market is similar to the intervention that occurred in 2008 ahead of the financial crisis. However, I believe that, because of the massive physical off-take in the eastern hemisphere, the western...

Wash, Rinse, Repeat: The Big Short Mortgages Are Back

by irdadmin | Jul 31, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

This almost makes me wonder if Angelo Mozilo is running NASA Federal Credit Union. A Short Seller’s Journal subscriber heard an ad for this mortgage product on his local radio in Atlanta. NASA Federal Credit Union is offering 0% down payment, 0% PMI (Private...

The Q2 GDP Farce, The Big Short 2.0 And Gold

by irdadmin | Jul 29, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

The Bureau of Economic Analysis (BEA) released its “advance” estimate of Q2 GDP on Friday. The Government would have us believe that the U.S. economic growth accelerated to a 4.1 annualized growth rate in Q2. Other than the fact that a one-time jump in...

Adios Housing Bubble

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

The homebuilder and related stocks are in an “official” bear market.  For a short-seller it’s the perfect scenario, as the decline in homebuilder stocks has received little to no attention from the mainstream financial media.  The current bubble is a...
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