by irdadmin | Sep 28, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Existing Home Sales were released Wednesday and the NAR’s seasonally adjusted annualized rate metric was down 1.7% from July. July was down 1.3% from June. The NAR’s SAAR metric is at its lowest rate since last August. Naturally the hurricane that hit...
by irdadmin | Sep 27, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Wash, rinse, repeat. The American public never gets tired of the destructive abuse it suffers from Wall St. The deep sub-prime mortgage market is roaring back and, with it, the nuclear bomb-laden derivatives that triggered round one of The Big Short de facto financial...
by irdadmin | Sep 12, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I have to believe that the Fed injected a large amount of liquidity into the financial system on Sunday evening. The 1.08% jump in the S&P 500, given the fundamental backdrop of economic, financial and geopolitical news should be driving the stock market...
by irdadmin | Sep 9, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“Paper Money Eventually Returns To Its Intrinsic Value – Zero” – Voltaire Set aside all other financial, economic and political concerns continuously shoved in our collective faces by the mainstream media. It’s a distraction – to a...
by irdadmin | Sep 6, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“There are folks that are saying you know what, I don’t care, I’m going to lock in my retirement now and get out while I can and fight it as a retiree if they go and change the retiree benefits,” he said. – Executive Director for the Kentucky Association of...
by irdadmin | Sep 1, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
I found it amusing that Mohamed El-Erian wrote an opinion piece for Bloomberg which asserted that gold is not much of a “safe haven these days.” His thesis was entirely devoid of material facts. His underlying rationale was that safe haven capital was...
