by irdadmin | Feb 21, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
A colleague of mine pointed out that Trump has not been tweeting his flatulence about the economy recently. This thankful hiatus is after he just passed tax cuts and a spending budget that is supposed to be stimulative. As it turns out, the economy is hitting the...
by irdadmin | Feb 19, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Before diving into the topic, let’s be clear about one thing: The economic definition of “inflation” is the increase in money supply relative to the marginal increase of wealth output (GDP) in the economic system for which money supply is created....
by irdadmin | Feb 16, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The week before the Dow/SPX quickly plunged 10%, the Fed had reduced its SOMA account (the SOMA account is its “QE” account) by $21 billion. Just as quickly as the stock market dropped, it has sharply recovered more than half of its losses from the...
by irdadmin | Feb 15, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is “high powered” money, meaning it can be leveraged...
by irdadmin | Feb 11, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Jim Rogers stated in an interview with Bloomberg that “the next bear market will be worst in my lifetime,” adding that he didn’t know when that bear market would occur. The stock market has become insanely overvalued. Before last week, several...
by irdadmin | Feb 8, 2018 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Is the Stock Market Rigged? Paul Craig Roberts, Dave Kranzler, and Michael Hudson On February 6 PCR asked if the Plunge Protection Team had stepped in and prevented a stock market correction by purchasing equity index futures....