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Amazon Prime Day! What Does This Mean?

by irdadmin | Jul 10, 2017 | Financial Markets, Market Manipulation, U.S. Economy

Amazon stock is up $6 in pre-market trading because it’s…”Prime Day!”  But what does this really mean?  It means AMZN will burn more cash selling and fulfilling commodity products with free 2-day shipping. But it will likely get another $20 pop...

Paper Gold And Silver – A Tragic Reflection Of The U.S. Financial System

by irdadmin | Jul 8, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals

Dave, just a moment for some feed back on your Short Seller’s Journal. I just placed an order for 1oz gold eagles thx to my profits off Tesla and BBBY, thx as always. – subscriber email received today – Short Seller’s Journal information Wow....

Non-Farm Payroll Propaganda – Aka Fake News

by irdadmin | Jul 7, 2017 | Financial Markets, Market Manipulation, U.S. Economy

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it.” Joseph Goebbels I dislike giving the employment report any acknowledgment because the report is constructed for the purposes of political expedience. But I...

TSLA Down 19% – $72 – In Eight Days

by irdadmin | Jul 6, 2017 | Financial Markets, Market Manipulation, U.S. Economy

In my opinion, the ride down will be worth the pain and blood-loss of sticking with a short bet on TSLA, which is why I continue to buy small quantities of put options that have been expiring worthless. I know at some point I’m going to catch a $100+ reversal in...

Auto Sales Tank Again In June – It’s Worse Than Headline Reports

by irdadmin | Jul 5, 2017 | Financial Markets, Market Manipulation, U.S. Economy

June auto sales on a “SAAR” basis (seasonally adjusted annualized rate) fell 1.2% from May to 16.5 million “SAAR.” The non-SAAR number available from sources like Autonews.com show a 3% year over year drop from June 2016. The year over year...

Why Was Gold Slammed And The Dow/SPX Pushed Higher?

by irdadmin | Jul 3, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

Something ugly could be hitting the financial/economic system soon. To blatantly hit gold like this when no one is around is a sign of desperation. The FANGS had an brutal reversal today despite the squeeze higher in the broad indices. TSLA soared early on Elon...
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