by irdadmin | Apr 27, 2021 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Existing home sales, reported last Thursday, were down 3.7% from February (down 6.3% in February). Wall St was thinking they would rise 0.8%. The seasonally adjusted annualized sales rate dropped to 7-month lows. The reason for struggling existing home sales is...
by irdadmin | Apr 20, 2021 | Financial Markets, Market Manipulation, U.S. Economy
In an eerie parallel to late 1999/early 2020, retail “investor” money has flooded into the stock market. The rush of newbies are signing up in lemming-like droves for corrupted stock trading apps like Robinhood. Schwab reported opening 3.2 million new...
by irdadmin | Apr 20, 2021 | Financial Markets, Market Manipulation, U.S. Economy
PENN is now down $25 (21%) from when I presented the idea in the February 14th issue at $118. After wrestling with its 100 dma since March 29th, it closed a bit below it on Friday and decidedly below it today. PENN’s Chairman Emeritus sold 3,000,000 shares on...
by irdadmin | Apr 14, 2021 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The “beta” for long/short equity hedge funds has more than tripled vs the average beta since at least December 2018. Beta is the most common measure of stock or portfolio volatility relative to a broad equity index. Technically, beta is the percentage...
by irdadmin | Apr 11, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“Management withheld metal [silver] from sale during the price correction over last two weeks of March and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound in Q2, 2021” – Endeavor Silver ($EXK) management,...
by irdadmin | Apr 5, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The downtrend in the precious metals sector that began in August has been punctuated with one of the most aggressive, blatant price manipulation efforts over the last month that I have witnessed in 20 years. While no one can prove it without access to the inside books...
