by irdadmin | Jun 9, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
All propaganda is lies, even when one is telling the truth. – George Orwell A reader commented that the number of corporate lay-offs in America is escalating, yet the unemployment rate seems to keep going lower. Part of the reason for this is that the 2008...
by irdadmin | Jun 7, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Just like the Dutch Tulip Bulb bubble, internet stock bubble, and the mid-2000’s financial asset bubble, the current stock market is no longer a price-discovery mechanism. It has deteriorated into a venue in which Central Bank-manufctured liquidity –...
by irdadmin | Jun 5, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The Fed printed $2.5 trillion to prop up the mortgage market and the Government “refurbished” all of the mortgage programs it sponsors (Fannie Mae, Freddie Mac, FHA, VHA, USDA) in a way that positioned the Government/taxpayer as the new subprime lender of...
by irdadmin | Jun 2, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Bureau of Labor Statistics. It has an Orwellian ring to it. I guess it should stand for “Bureau of Lying Statistics.” A quick glance at today’s non-farm payroll report suggests that the economy likely lost hundreds of thousands of jobs in May. The...
by irdadmin | May 29, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Given group-think and the determination of policy makers to do ‘whatever it takes’ to prevent the next market ‘crash,’ we think that the low-volatility levitation magic act of stocks and bonds will exist until the disenchanting moment when it does not. And...
by irdadmin | May 26, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
I want to show two quotes from commentators in related areas of financial analysis because they illustrate the difference between truthful commentary and unmitigated idiocy. Yesterday, James “Mc” wrote in Bill Murphy’s nightly “Midas”...
