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“The Don And Larry Show”

by irdadmin | Mar 25, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

Just when you think it would be impossible for the Trump Presidency to become any more of a tragi-comedy, Trump manages to turn the volume up to eleven by appointing Larry Kudlow as his chief economic hit-man. In 1999, Kudlow predicted that the Dow would hit 50,000 by...

Is It The Trade War Threats Or Extreme Overvaluation?

by irdadmin | Mar 22, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The stock market is is more overvalued now than at any time in U.S. history. Sure, permabulls can cherry pick certain metrics that might make valuations appear to be reasonable. But these metrics rely on historical comparisons using GAAP accounting numbers that simply...

The Slow Death Of The U.S. Economy

by irdadmin | Mar 20, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

Deteriorating real economic fundamentals – The most important economic report out last week was retail sales for February, which showed at 0.1% decline from January. This was a surprise to Wall Street’s brain trust, which was expecting a 0.4% gain. Keep in...

Navin R. Johnson Goes To The White House

by irdadmin | Mar 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

(Note: with apologies to Carl Reiner and Steve Martin, who directed and co-wrote “The Jerk,” respectively) Just when you thought Trump’s “leadership” could not get any more insane, he adds a third ring to the circus going on at 1600...

313k Jobs Added? Nice Try But It’s Fake News

by irdadmin | Mar 9, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The census bureau does the data-gathering and the Bureau of Labor Statistics feeds the questionable data sample through its statistical sausage grinder and spits out some type of grotesque scatological substance. You know an economic report is pure absurdity when the...

America’s Pension Crisis Is About To Detonate

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

Dr. Paul Craig Roberts sent me an article by Catherine Austin Fitts and asked if I had read it.  The article is titled, “The State of America’s Pension Funds.” The article is worth reading, though I believe Ms. Fitts underestimates significantly the...
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