by irdadmin | Jan 11, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
What the Fed did, and I was part of it, was front-loaded an enormous market rally in order to create a wealth effect. – Richard Fischer, former Dallas Fed President on CNBC (via Zerohedge) It is absolutely mind-blowing that this statement by a former Fed bank...
by irdadmin | Jan 6, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
When gold finally breaks out of the Banks’ grip you won’t be able to chart its moves fast enough. It is being smothered by a blanket of undeliverable derivatives, and the realization and reckoning of this overhang will be nothing short of spectacular, a...
by irdadmin | Jan 4, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I was reading Jim Quinn’s latest piece – This Time Isn’t Different – which I highly recommend by the way, and a quote from John Hussman grabbed my attention: The answer is straightforward: as the bubble expanded toward its inevitable collapse,...
by irdadmin | Jan 4, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I stand by my prediction that 2016 is going to be a horrible year for the world in general. I am a great fan of both David Stockman and Paul Craig Roberts and if you conflate their views the world is going to be a disaster economically, financially and geopolitically....