by irdadmin | Jan 13, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals
The HUI index has bounced 21% since December 15th. It’s important to keep in mind that the precious metals sector tends to be very volatile. Yes, it’s pulled back 43% from its August 4th high of 284, but at that point it had been up 184% from January 19th...
by irdadmin | Jan 11, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The stock market shot up like a Roman candle for idiotic reasons after the election. The candle may have reached its apex when the Dow hit 19,999.67 last week. As I stated in my Short Seller’s Journal, I was “stunned that bank traders were unable to...
by irdadmin | Jan 10, 2017 | Financial Markets, Market Manipulation, U.S. Economy
I find it to be mind-blowing when financial advisors and stock market gurus get in bubblevision or write Seeking Alpha articles and assert that the stock market is good “relative” value right now. They are either dishonest, unethical or just stupid....
by irdadmin | Jan 9, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Think you know what will happen this year? What would you have said to me on January 1st last year if I told you: ” the S&P 500 would hit several new all-time years this year and Donald Trump will be elected President?” Craig “Turd...
by irdadmin | Jan 7, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
[Preface: In Part 1 of our report, “Goldman to Trump: Situation Assessment, Government Bail-ins and the Precious Metals Threat,” we inferred what Goldman Sachs’s second in command Gary Cohn might have said to President-elect Trump during their meeting on November 29,...
by irdadmin | Jan 6, 2017 | Financial Markets, Market Manipulation, U.S. Economy
The headlines are reporting that auto sales in December hit a record, when looked at on a “seasonally adjusted annualized rate” basis. No one questions the validity of the seasonal adjustments. The average news consumer sees or hears the headline...