by irdadmin | Dec 22, 2016 | Financial Markets, Gold, Market Manipulation
When gold is accepted as the medium of exchange by most or all nations, an unhampered free international gold standard serves to foster a world-wide division of labor and the broadest international trade. Even though the units of exchange (the dollar, the pound, the...
by irdadmin | Dec 21, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I’m going to have to throw a flag on the existing home sales report for November published today by the National Association of Realtors. The NAR would have us believe that home sales occurred in November at 5.6mm annualized rate for the month, up 15.4% from...
by irdadmin | Dec 20, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
ETF flows tend to be a good contrary indicator when they become extreme, so the buying frenzy doesn’t bode well for U.S. equities. – David Santschi, CEO of TrimTabs If the Federal Reserve were a private corporation and did not have a money tree, it would be...
by irdadmin | Dec 19, 2016 | Financial Markets, Market Manipulation, U.S. Economy
The Census Bureau reported that its advance estimates of retail sales for November show a .1% gain from October and a 3.8% gain over November 2015. Wall St. was forecasting a .4% gain. Oops. But there’s a bigger problem with that headline report of a .1%...
by irdadmin | Dec 17, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
From The Daily Coin: All [last week] the criminals on the COMEX and LBMA have been working their magic. While the precious metals “markets” are not rigged, *cough-cough*, just ask Jeffrey Christian or any other member of the CMP crime syndicate, and they will be happy...
by irdadmin | Dec 16, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
In many areas of the country prices are already down 5-10%. I know, you’re going to say that offer prices are not reflecting that. But talk to the developers of NYC and SF condos who are trying to unload growing inventory. Douglas Elliman did a study of NYC...
