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...
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 –...
by irdadmin | May 23, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Patrick Vierra of Singapore Bullion invited me to discuss precious metals, the stock market and the fiat currency-fueled asset bubbles that will blow-up sooner or later. I explain why investing in gold requires a long term perspective on investing and wealth...
by irdadmin | May 22, 2018 | Financial Markets, Housing Market, Precious Metals, U.S. Economy
Someone or some entity – likely a hedge fund – bought 4500 September $35-strike puts on XHB on Thursday last week when XHB was trading just above $39. That’s a $225,000 speculative bet that the XHB drops more than 15% by mid-September. This morning...
by irdadmin | May 19, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
What’s going on with gold, the dollar and interest rates – especially gold? All of the variables that fundamentally support much higher gold prices are lined up perfectly. Why isn’t gold moving higher? The popular narrative in the mainstream...
by irdadmin | May 17, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The dollar is said to be “soaring,” though I take issue with that characterization for now (see the chart below); 10-yr Treasury yields are also rising, though the yield on the 10-yr is only up about 67 basis points if you measure from January 1, 2017. ...
