by irdadmin | Feb 16, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The demand for gold in India and China so far this year has soared, a fact which is completely ignored by the western financial media. The ex-duty Indian gold import premiums (approximately $10 earlier this week) are quite remarkable, “as the need to import kilo...
by irdadmin | Feb 14, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
These premiums [the ex-duty import prices being paid for legal kilo bar imports in India] are actually quite remarkable as the need to import kilo bars only arises if Indian demand is not satisfied by Dore imports (which had a duty advantage of $15.52/oz this...
by irdadmin | Feb 10, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Too much debt, poor capital allocation decisions (McMansions, expensive leased cars, spending to “keep up with the Jones’) and declining disposable income. It’s hitting the general middle class in America similarly to the way in which it is hitting...
by irdadmin | Feb 9, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
Central banks stand ready to lease gold in increasing quantities should the price rise. – Alan Greenspan, 1998 in Congressional testimony on OTC derivatives Gold has been in a steady uptrend since December 18th, bottoming at $1131 after a four and half month...
by irdadmin | Feb 8, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
In my view, the mood of these markets is in stark contrast with the many unknown from our current economic and political landscape, both here and abroad. For me, it’s a major disconnect, and it concerns me. – James Tisch, Loews CEO (call transcript...
by irdadmin | Feb 6, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
I love days like today when both gold and the dollar are green. Historically, some of the best moves in gold occur as gold and the dollar move up together for short period of time. Today, of course, is just one day. And there’s no question that the Trump...
