by irdadmin | Mar 22, 2016 | Financial Markets, Market Manipulation, U.S. Economy
I said half-facetiously in early 2004 that if a small nuke detonated in Times Square that the Dow would probably shoot up 200 points. Today I reiterate that assertion with full sincerity. All of the markets, but especially the stock market, are now openly...
by irdadmin | Mar 22, 2016 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
I love PCR’s well informed analysis of the situation. He clarified things for me when I read his book, How America Was Lost. The 9/11 commission report was delayed for a year, and then those on the commission felt they were lied to and not given all the information...
by irdadmin | Mar 21, 2016 | Financial Markets, Gold, Market Manipulation, Precious Metals
Perhaps the most intriguing aspect of the latest move up in the price of gold is that it has occurred with India’s imports shut down since March 1. Gold imports had fallen off during February as the industry was anticipating that the Government would cut the...
by irdadmin | Mar 19, 2016 | Financial Markets, Market Manipulation
The only aspect of the 2008 de facto financial system collapse that was more stunning than the fact that NONE of the big banks were prosecuted for crimes that were obvious to a 2nd grader was that fact that the Taxpayers were squeezed for close to a $1 trillion...
by irdadmin | Mar 18, 2016 | Financial Markets, Market Manipulation
A reader asked my opinion on the latest commentaries posted on Seeking Alpha about VRX. Generally they had a bullish slant, permeated with gratuitous rationalization seeded in blind hope. “Hope” is not a valid investment strategy. VRX is down another 8%...
by irdadmin | Mar 15, 2016 | Financial Markets, Market Manipulation
Valeant Pharmaceuticals (VRX) stock has plunged 86% since August 6. The latest plunge occurred today, with the stock losing 51% from its close of $78 yesterday (click to enlarge): The initial triggers were concerns over the Valeant’s drug-pricing policies and...
