by irdadmin | Jun 23, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Headline monthly reporting of New Home Sales remained of no substance, short term, as seen most frequently here with massive, unstable and continuously shifting revisions to recent history, along with statistically – insignificant monthly and annual changes that...
by irdadmin | Jun 20, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
As with all other highly manipulated data, the financial media has a blind bias toward the “bullish” story attached to the housing market. Understandable, as the National Association of Realtors spends more on special interest interest lobbying in Congress...
by irdadmin | Jun 18, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Phil Kennedy of Kennedy Financial invited me onto his podcast to discuss the latest FOMC comedy show, gold, silver, mining stocks, cryptocurrencies and the housing market. Share...
by irdadmin | Jun 15, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The answer is debatable but it depends on, exactly, to which rates you are referring. The Fed has “raised,” more like “nudged,” the Fed Funds target rate about 50 basis points (one-half of one percent) this year. That is, the Fed’s...
by irdadmin | Jun 14, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“If liberty means anything at all, it means the right to tell people what they do not want to hear.” – George Orwell There’s a narrative here that the Government, the Fed, the Trump Administration, etc conveniently ignored. Here’s the headline...
by irdadmin | Jun 12, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.” The quote above is from Ben Graham, considered to be the father of value investing. Graham followed the crowd in 1929 and lost a small fortune for...