by irdadmin | Sep 14, 2016 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Federal Reserve intervention has killed natural market processes. The Fed is also starting to lose control of its ability to manipulate the markets. Today is a good example. The S&P and Dow are negative as I write this (2:30 EST) after staging a big early day...
by irdadmin | Sep 13, 2016 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I got an email from a colleague today that said, among other things: “The economy is tanking and, while you may be the most pessimistic around, you may not be pessimistic enough.” To that I would say that I’m significantly more bearish than is...
by irdadmin | Sep 12, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
It was reported last week that the Norwegian and Swiss Central Banks had accumulated large positions in several high quality gold and silver mining stocks. Why would these bankers want to own producers of a barbarous relic? This is not some scheme to load up on...
by irdadmin | Sep 11, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Craig “Turd Ferguson” Hemke invited me onto this Thursday A2A podcast show last Thursday. As usual, Turd does a great job of blending irreverent humor and truthseeking in order to flush out cutting-edge insight on the issues affecting our markets. In...
by irdadmin | Sep 8, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
A lot of questions were raised when it was reported that Deutsche Borse failed to deliver physical gold in exchange for its Xetra-Gold Notes. But the only real answer to those questions is simple: the only way you ever own physical gold is if you buy actual physical...
by irdadmin | Sep 7, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
Anyone who purchases paper gold with the belief that it is an investment in gold is an imbecile. Last week Zerohedge broke a story about an investor who tried to redeem shares in Xetra-Gold “notes” in exchange for the designated amount of gold represented...
