by irdadmin | Nov 22, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“The current state of credit card delinquency flows can be an early indicator of future trends and we will closely monitor the degree to which this uptick is predictive of further consumer distress.” – New York Fed official in reference to rising...
by irdadmin | Nov 16, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The stock market rejoices the House passage of the tax “reform” Bill as the Dow shot up 187 points and the S&P 500 spiked up 21. The Nasdaq soared 1.3%, retracing its 3-day decline in one day. The tax bill is nothing more than a massive redirect of...
by irdadmin | Nov 12, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
There’s a reason that the Fed pursues these actions and it’s not a conspiracy theory. When unlimited cash hits a limited supply of assets, whether paper or hard, this inflationary deluge boosts taxable asset values by 100-1000%, fattening the coffers of the tax...
by irdadmin | Nov 10, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Inflation vs deflation. The true economic definition of “inflation” is the rate of increase in the money supply in excess of the rate of increase in wealth output. Inflation is monetary in nature. Rising prices are the manifestation of inflation. Someone I...
by irdadmin | Oct 31, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. – Sir John Templeton I’ve always admired John Templeton. Not as the “father” of the modern mutual fund but because I considered him to have been...
by irdadmin | Oct 25, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
To paraphrase the highly regarded fund manager and notable bear, John Hussman, you can look like an idiot before a Bubble pops or after it’s popped. I guess I’m squarely in the camp of looking like an idiot before the bubble pops. I might watch “The...
