by irdadmin | Jan 24, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“Housing – people are insane if they think housing isn’t going to get crushed with rising rates. As you outline often, it’s already happening in ( NY, Den, etc. ) I live in LA and most of my friends/ coworkers are telling me how dumb I am to not jump...
by irdadmin | Jan 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Every month consumer debt in aggregate hits a new record. Auto loans and student loans have been hitting monthly record highs for quite some time. This is why it’s no surprise that many people who are looking to get an auto loan need to make sure that they use...
by irdadmin | Jan 11, 2018 | Financial Markets, Housing Market, U.S. Economy
I fully expect the Government’s Census Bureau to post a mind-blowing headline retail sales number for December. Hyperbolic headline economic statistics derived from mysterious “seasonal adjustments” based on questionable sampling methodology is part...
by irdadmin | Jan 5, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“This time it’s different.” That quote is from Sir John Templeton, a legendary investor who is considered the father of the modern mutual fund industry. For most of the month of December, I’ve been hearing ads from mortgage brokers who are...
by irdadmin | Jan 3, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
No society that depends on money can work for long if nobody knows the true value of things, including the value of money itself. The price of attempting to live in a culture of pervasive dishonesty is that a re-set is inevitable. When it happens, it will be hugely...
by irdadmin | Dec 28, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
In Hemingway’s, “The Sun Also Rises,” one of the characters, Bill, asks his friend, “Mike,” how he went bankrupt. Mike replied, “I had a lot of friends. False friends. Then I had creditors…” This passage from the novel...
